Now you will not need a bank account to make UPI payment. Also, you can make UPI payment from others' bank accounts also. National Payment Corporation of India (NPCI) has recently introduced the Delegate Payment System UPI Circle. This feature will soon come on UPI payment apps like Google Pay, PhonePe, Paytm. Currently this feature has gone live on BHIM UPI app.
What is UPI Circle?
UPI Circle is a delegated payment service, in which a UPI user can add his family members or relatives and friends. This can also include those people who do not even have their own bank account. Making the UPI payment system flexible, NPCI has brought this feature especially for those family members who depend on someone else for cash. After being added to the UPI Circle, they will also be able to make UPI payments.
In UPI Circle, users can use two types of delegation – Full and Partial. In full delegation, the user has the freedom to set a monthly limit up to Rs 15,000. This means that other users connected in your circle can make a maximum payment of up to Rs 15,000 in a month. To make payment, they do not need to take payment approval from the primary user i.e. you.
In partial delegation, all secondary users connected in the UPI circle require approval for every transaction. As soon as the secondary user makes UPI payment to someone, the primary user will receive a payment notification. The primary user will approve this payment by entering his UPI PIN. It should also be kept in mind that the primary user will be considered as the one who will create the UPI Circle. Any UPI user can stay in only one UPI Circle.
How to use UPI Circle?
To use this feature, it is necessary to have BHIM UPI app in both the primary and secondary user's phone. Also, both should have a UPI account. In this, it is mandatory for the primary user to have a bank account.
– Primary user: First of all launch BHIM UPI app in your phone.
– After this they will see the feature of UPI Circle on the home page.
– If you are creating a circle then go to the Created option and if someone has added you then go to the Received option.
UPI Circle
– Keep in mind that only the one who creates UPI Circle will be considered as the primary user.
– On the next page you will get the option of Add Family or Friends.
– Here you will be able to add someone to the UPI Circle by scanning the QR code or entering the UPI ID manually.
Information – BSNL shook the system again, added 65 lakh new users, tension increased for Jio, Airtel
Image Credit: India-Tv.