Daily Transaction Limit of Google Pay & How to Work with It

In modern-day India, the practice of sending and receiving monetary transfers over the internet has become widespread. These days, digital wallets come equipped with a wide variety of one-of-a-kind capabilities, and their user interfaces are more streamlined than ever. Tez was acquired by Google to expand its presence in the digital wallet market and to better manage payment-related matters in India. After some time, it decided to change the name of the Tez app to Google Pay to better compete in the rapidly expanding UPI payments market in India. Google Pay has just been released with a plethora of incredible new capabilities, and the company’s expansion plans are almost guaranteed to completely disrupt the payments business in India.

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What’s the Google day-per-day limit? Know here

Users of Google Pay can rapidly send, receive, as well as make payments with the app, all without leaving their current screen. Because the app is linked to your bank account, any transactions, including sending money or buying things, will result in a direct debit from that account. The application can be used on mobile running on Android as well as those running iOS. Recharging the prepaid phones and clearing off any outstanding bills is also possible. However, there are a few restrictions to comply with when using the app, including a maximum number of transactions and a Google Pay limit per day. Users have a right to know how much money they can send to one another using Google Pay.

The Google Pay limit per day

To facilitate transactions in India, Google Pay is all about providing the Generic Unified Payments Interface (UPI) application programming interface (API) calls. Therefore, if you ever wish to conduct transactions totalling more than one million rupees in a single day across all UPI apps, you would run into the daily limit for Google Pay transfers. Additionally, the Google Pay transaction limit stops you from transferring money beyond ten times within a day throughout all the UPI apps combined. However, because you can only spend a maximum of one lakh rupees in a single day, the maximum amount that may be spent in one transaction is one lakh rupees, and if you want to spend more money than that, you will have to wait for the clock to hit 12 A.M.

It is not possible to transmit more than one million rupees in a single day. This restriction merely indicates that the app will only let you send up to one lakh rupees in a single transaction using the program.

There is a Google Pay limit per day of ten transactions that can be completed for the transfer of funds: The Google Pay app, much like all other apps, has a limit on the amount of money that may be sent in a single day.

This restricts the number of times per day that you can use the app to transmit money to a maximum of ten.

You cannot seek money exceeding Rs 2,000: If you are using a Google Pay service, you are not allowed to ask anyone else for more than 2,000 Indian Rupees in financial assistance.

How do Google Pay works?

Google Pay allows people to send and receive currency; however, in contrast to other digital wallets, the money could be deposited immediately into users’ bank accounts rather than being held in the digital wallet. Therefore, there is no longer any need for anxiety over the process of initially receiving money in wallets before transferring it into a bank account.

It’s interesting to note that one doesn’t necessarily need to be using the Google Pay app to receive money. Even on Google’s website, the use of Google Pay makes the procedure of sending and receiving money much simpler. There is also a Google Pay limit per day to keep tabs on transactions as per the RBI rules

Even while the major role of the app is to make it possible for users to carry out straightforward transactions involving the transfer of money, users can also use it to pay for purchases at retail establishments that support UPI-based payments.

What are some of the other restrictions that apply to the Google Pay UPI transfer?

Google Pay might disable transactions to go through because its systems discover any previous suspicious behaviours associated with the account of the receiver. This is done to protect the privacy of Google Pay’s customers using the Google Pay limit per day. In such a scenario, Google Pay will advise you that the transaction in question has been paused and, therefore, will continue to monitor the situation. The app’s built-in technology for preventing fraudulent transactions and its artificial intelligence take care of everything behind the scenes.

Conclusion 

With Google Pay, it has become convenient for both merchants and consumers to make online transactions irrespective of their banks. 

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