Sun, December 8, 2024
[ Sun, Dec 08th 2024 ]: Yahoo
Where to find public parking on NSB's Flagler Avenue? Here are some options
[ Sun, Dec 08th 2024 ]: The Daily Star
MTB releases annual sustainability report for 10th year
[ Sun, Dec 08th 2024 ]: Oregonian
Liz Weston: Medicare Part D plan caps out-of-pocket max at $2,000 beginning in 2025
[ Sun, Dec 08th 2024 ]: The New York Times
Bill Clinton on the Election, D.E.I. and One of His Regrets
[ Sun, Dec 08th 2024 ]: bnnbloomberg
South Korea Set for More Turmoil After Yoon Escapes Impeachment
[ Sun, Dec 08th 2024 ]: AOL
Meet John Elkann, the enigmatic billionaire heir fighting to save Jeep parent Stellantis
[ Sun, Dec 08th 2024 ]: Business Insider
A FIRE blogger who built a 7-figure net worth shares 3 books that changed his money mindset
[ Sun, Dec 08th 2024 ]: businesstech.co.za
4 banks call it quits in South Africa in 2024
[ Sun, Dec 08th 2024 ]: Couriermail
Vietnamese property tycoon Truong My Lan must come up with $14 billion to avoid death penalty
[ Sun, Dec 08th 2024 ]: Business Line
Parliamentary panel advocates automated compensation process for banking fraud victims
[ Sun, Dec 08th 2024 ]: Business Standard
EESL, Andhra Pradesh launch 3 programmes to boost energy efficiency
[ Sun, Dec 08th 2024 ]: St. Catharines Standard
Is your mortgage coming due in 2025? Here's how you can prepare for renewal shock
[ Sun, Dec 08th 2024 ]: The Motley Fool
Missed Out on Nvidia? Buy This Magnificent Artifi .. (AI) Stock Before It Soars at Least 43% in 2025.
[ Sun, Dec 08th 2024 ]: Goodreturns
1:1 Bonus, 2:1 Stock Split: Record Date on Dec 20 .. You Buy This Small-Cap Gem with 177% 5Y Returns?
[ Sun, Dec 08th 2024 ]: Yahoo Finance
Europe's economy needs help. Political chaos in F .. ance and Germany means it may be slower in coming
[ Sun, Dec 08th 2024 ]: CNN-News18
RBI Governor Shaktikanta Das Meets FM Nirmala Sitharaman Days Before End Of His Tenure
[ Sun, Dec 08th 2024 ]: The Peninsula
Spotlight on investing in new technologies, digital innovation
[ Sun, Dec 08th 2024 ]: fbcnews
New finance solutions for SME's and startups
[ Sun, Dec 08th 2024 ]: Arabian Business
UK Prime Minister Keir Starmer to make UAE, Saudi Arabia visit
[ Sun, Dec 08th 2024 ]: businesslive.co.za
Eskom seeks Competition Commission's nod to finally sell its finance company
[ Sun, Dec 08th 2024 ]: MSN
Weekly Money Horoscope December 08 to December 14 .. ; Unexpected expenses may challenge Leo and Virgo
[ Sun, Dec 08th 2024 ]: Sydney Morning Herald
This big bank plans to kill the password by 2030
[ Sun, Dec 08th 2024 ]: MSN
Aussie business owner in the UK reveals what companies do wrong
Sat, December 7, 2024
[ Sat, Dec 07th 2024 ]: Business Today
Digital payments: How do UPI, UPI Lite, NEFT, RTGS work? Know the differences, charges, time taken
[ Sat, Dec 07th 2024 ]: Sydney Morning Herald
The one player fuelling the $148b bank bonanza
[ Sat, Dec 07th 2024 ]: Independent.ie
Soprano Claudia Boyle: 'My best investment was a .. ds to school - but there's a huge fringe benefit'
[ Sat, Dec 07th 2024 ]: Reuters
Boeing's top lobbyist departing planemaker, CEO says
[ Sat, Dec 07th 2024 ]: Hindustan Times
Weekly Horoscope Leo, December 8 to 14, 2024 predicts work accolades
[ Sat, Dec 07th 2024 ]: The Citizen
Planning for retirement? Consider these key risks
[ Sat, Dec 07th 2024 ]: Arabian Business
Dubai Walk: Sheikh Mohammed approves MASSIVE 6,500km pedestrian network
[ Sat, Dec 07th 2024 ]: The Australian Financial Review
So, you want to retire to Tuscany?
[ Sat, Dec 07th 2024 ]: Global Finance
World's Best Private Banks 2025: Middle East
[ Sat, Dec 07th 2024 ]: Forbes
2024's Energy & Climate Books By Women Authors
[ Sat, Dec 07th 2024 ]: CNN-News18
RBI Governor Shaktikanta Das Dodges Tenure Question, Says 'I Am Not Giving...'
[ Sat, Dec 07th 2024 ]: The Independent
'The interaction and banter local shops provide i .. ': Small shops gear up for their own Black Friday
[ Sat, Dec 07th 2024 ]: Business Standard
RBI Guv Das meets FM Sitharaman two days before end of his extended term
[ Sat, Dec 07th 2024 ]: Zee Business
FM Nirmala Sitharaman engages with farmers and economists ahead of Union Budget 2025-26
[ Sat, Dec 07th 2024 ]: Wall Street Journal
Dividend Stocks Are Primed for a Comeback in 2025
[ Sat, Dec 07th 2024 ]: The Daily Star
Revised budget may be Tk 50,000cr smaller
[ Sat, Dec 07th 2024 ]: 24/7 Wall St
Millionaire Kevin O'Leary says this is the 'worst curse' you can do when it comes to raising kids
[ Sat, Dec 07th 2024 ]: Business Insider
Bitcoin is booming. From ETFs to crypto-linked stocks, here are 3 ways to join the rally.
[ Sat, Dec 07th 2024 ]: The Motley Fool
Meet the Newest Stock-Split Stock in the S&P 500. .. a Buy Heading Into 2025 According to Wall Street.
[ Sat, Dec 07th 2024 ]: AOL
Lamborghini in 'best shape ever' despite hiccups in China and tariff threats, CEO says
[ Sat, Dec 07th 2024 ]: International Monetary Fund
Stacking Up Financial Inclusion Gains in India
[ Sat, Dec 07th 2024 ]: The New York Times
The Climate Risk to the Mortgage System
[ Sat, Dec 07th 2024 ]: Business Line
Two veterans start a health insurance firm: Should you take their cover?
[ Sat, Dec 07th 2024 ]: MSN
Private Equity Is Set to Profit Off a Border Crackdown
[ Sat, Dec 07th 2024 ]: Yahoo Finance
Truist Financial Corporation (TFC)

Digital payments: How do UPI, UPI Lite, NEFT, RTGS work? Know the differences, charges, time taken

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ork-know-the-differences-charges-time-taken.html
  Print publication without navigation Published in Business and Finance on by Business Today
  • 🞛 This publication is a summary or evaluation of another publication
  • 🞛 This publication contains editorial commentary or bias from the source
  • 🞛 This publication contains potentially derogatory content such as foul language or violent themes
The article from Business Today discusses various digital payment methods in India, detailing how UPI, UPI Lite, NEFT, and RTGS work, along with their differences, charges, and transaction times. UPI (Unified Payments Interface) allows instant money transfers between bank accounts using a mobile app, with no charges for transactions up to Rs 1 lakh, and transactions are processed in real-time. UPI Lite is designed for small-value transactions up to Rs 200, enabling offline payments without real-time bank interaction, which reduces transaction failures. NEFT (National Electronic Funds Transfer) facilitates one-to-one funds transfer, available 24/7, with no minimum or maximum limit, and transactions are settled in batches with no charges for transactions up to Rs 1 lakh. RTGS (Real Time Gross Settlement) is used for high-value transactions above Rs 2 lakh, processed individually and in real-time, with a fee of Rs 2 lakh to Rs 5 lakh costing Rs 25, and above Rs 5 lakh costing Rs 50. The article highlights the convenience, speed, and cost-effectiveness of these digital payment methods, aiding consumers in choosing the right option for their needs.

Read the Full Business Today Article at:
[ https://www.businesstoday.in/personal-finance/banking/story/digital-payments-how-do-upi-upi-lite-neft-rtgs-work-know-the-differences-charges-time-taken-456560-2024-12-08 ]