Day: January 5, 2022

RBI Imposes Rs 200 Limit For Offline Payments: Make Payments Without Internet! (How Will It Work?)

RBI has released a framework for offline digital payments to help increase the penetration of digital transactions. Offline digital payment refers to a transaction which does not require internet or telecom connectivity. Promoting Digital Transactions Under the framework, offline transactions can be made up to Rs 200 without needing additional factor authentication (AFA). The move