RBI Enhances UPI 123Pay Transaction Limit to Rs 2000. Banking & Finance | Dated: 02 Apr 2026 In a significant move to boost digital financial inclusion for feature phone users, the Reserve Bank of India (RBI) enhanced the per-transaction limit for UPI 123Pay. The limit has been officially increased from Rs 500 to Rs 2000. 🎯 Key Highlights: UPI 123Pay allows users to make secure digital payments without smartphones or internet. The service operates through an Interactive Voice Response (IVR) system. The overall daily limit for such transactions is now capped at Rs 10000. 💡 Other Important Facts: System: UPI 123Pay. New Limit: Rs 2000. Regulator: RBI. 📚 Test Your Knowledge: To boost digital payments for feature phone users, the RBI recently enhanced the per-transaction limit for UPI 123Pay to what amount? Correct Answer: Rs 2000 🚀 Quick Recap: About UPI 123Pay Developed By - NPCI Target Audience - Feature phone users