What is the Daily Transaction Limit for Gpay?
What is the Daily Transaction Limit for Gpay?
In India, Google Pay is undoubtedly one of the most widely used online payment solutions. The platform is designed to be one of the safest UPI payment applications in the country, with a variety of features, cashback, and more.
However, even if you have the appropriate balance in your bank account, you may be unable to perform money transfers or transactions using the Google Pay or GPay apps. So, let’s see what the Google Pay daily transaction limit is and what else you should learn.
Moreover, the amount of money you may send or receive with Google Pay is limited on a daily and monthly basis. Google Pay, UPI, your bank, and Google all have different limits. Learn about the different bank restrictions. Here’s what you can do if you hit one of the following limits. Following the basic rules of accounting, the transaction limit is set for Gpay. If you wish to know more about sbi upi transaction limit, you can click here.
Daily Limits
Another platform that supports the Unified Payments Interface is Google Pay, or GPay (UPI). In order to make transactions in the nation, the app employs UPI. And, like all other UPI applications, it has a maximum amount that may be transferred from one UPI ID to another.
Here’s all you need to know about Google Pay’s daily transaction restriction.
- You are not allowed to send more than Rs 1,000,000 in a single day: This basically implies that the software allows you to send and receive money up to Rs 1 lakh.
- You are not allowed to transfer money more than ten times in a single day: The Google Pay app, like all other applications, has a daily restriction on how much money may be sent. This means you can only use the app to transmit money 10 times each day.
- You are not allowed to ask for more than Rs 2,000: You cannot request more than Rs 2,000 from someone else if you have a Google Pay account.
If you’ve completed any of the above procedures, you’ll have reached your daily limit and won’t be able to use the UPI app to make any transactions. If you’re done, you’ll have to wait until the following business day to transfer additional money. To prevent this, you can use the app to transmit less than Rs 1,00,000 to others.
Bank Limits
If you’re still experiencing problems, try a different bank account if your daily transactions are below the UPI limit. Most national banks have published the UPI transaction limit one may perform in a single day, thus your bank may have its own limitations on how much you can send or receive. For further information, contact your bank.
Conclusion
Some transactions may be flagged for further investigation to safeguard against fraud. If you’re experiencing problems making a transaction and don’t believe you’ve hit your limit, contact Google Pay customer service for assistance. Note: If you try to transfer or receive less than one dollar, the transaction will fail and you will receive an error notice.