Reason for Limits
These limits are set in place by PhonePe and banks to ensure the security of your funds and prevent fraudulent activity.
- NPCI Regulations: The National Payments Corporation of India (NPCI) may occasionally propose changes to transaction limits on UPI apps like PhonePe. Keep an eye on news in the Indian digital payments space for potential updates.
- Contact Your Bank: It’s best to contact your bank directly to confirm the specific PhonePe transaction limits that apply to your account.
You can check the transaction limits that apply to your PhonePe account within the app itself or by contacting your bank’s customer support.
How Many Transactions Limit Per Day in PhonePe?
PhonePe is a popular digital payments platform in India, allowing users to make convenient transactions for various services. However, to ensure safety and comply with regulations, there are certain transaction limits in place.