"In order to expand the adoption of digital payments in a safe and secure manner, it is proposed to enhance, at the discretion of the user, the limits for contactless card transactions and e-mandates for recurring transactions through cards (and UPI) from Rs 2,000 to Rs 5,000 from January 1, 2021," as per Shaktinatha Das's statement.from Personal Finance News-Wealth-Economic Times https://ift.tt/37yZlyn
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