(https://i.ibb.co/xtjW9rzM/qvj6o0djaeug1.jpg)
It sounds more like risk management than a slowdown, frankly. UPI grew too fast, so some friction for higher amounts is inevitable. The one‑hour delay can be irritating for small transfers, but it's mainly fraud checks on large ones. That doesn't necessarily signal an economic slowdown.
Come on, is ₹10,000 really that large?
Arre, game over. This creates enough friction for us to avoid large transactions altogether.
Keep the default low and make it configurable for anyone who wants to change it. It's a simple fix, but they're overcomplicating it.
One part of me feels it's for safety, another part thinks the credit‑card companies' payments have reached the ministry.
RBI is planning – is there any solid source for this or just a tweet? I recall many reports saying RBI and SEBI were planning things, but none of them materialised. Investors got duped.
Brother, if you'd read it yourself you'd know it's only for suspicious transactions. You can whitelist a few people, and it won't affect merchant payments, SIPs, EMIs, etc. People post nonsense without thinking.
It's meant for senior citizens and only for person‑to‑person transfers, not person‑to‑merchant.
Did you read the whole article? It's mainly to curb scams and stop wrong transactions. The one‑hour delay isn't mandatory; you can whitelist certain contacts for instant transfers. Right now RBI is just gathering feedback, it isn't implemented yet. Stop spreading half‑truths.
They're pushing us to use NEFT and pay fees for large transfers... Dhurandhar 10 will explain why this is a masterstroke.