- if account not been in use for 1yr, they shall be deactivated
- prevents misuse
- 1L / day transaction limit
- if hospitals or educational institutions, limit is 5L
- UPI ATM: scan QR code to withdraw paper money
- 1.1% interchange fee proposal for merchants
- 4hr cooldown when transacting 2K INR with new person
- to prevent fraudulent transactions
- NFC based tap and pay
- UPI Lite
- UPI Lite X via NFC (does not need internet)
- useful in areas with low network reception eg villages