Hello Friends! Payment Through online is one of the easiest and Less time-consuming Method. In here UPI (Unified Payment interface) payment systems play an Important Rolls.
Before the UPI system, we used IMPS, NEFT, and RTGS for online money transfer from one person to another person’s account.
But the UPI is the Better and best of all other platforms because its easy and common person can easily pay through this system. This UPI payment system is Free, Quick, Easy and simple to use.
“Google Pay” The simpler, Smart, Speed and Secure Way to Transfer your Money.
Here the mobile applications help to complete the task When we talking about UPI payment. Here the Google Tez now the name changed to Google pay is one of the easiest method and a reliable product from Google.
So! Today in this article You will learn Google pay transaction limit, which means how much money you can transfer through Google Pay app Per day, Per transaction and maximum limit.
So Read the complete article to know complete details about Google Pay Limit Per Day India and Google pay maximum limit.
What is Google Pay Limit per Day India
If you want to use the Google Pay app to transfer the money, want to use the services of banking, want to Payment online for any services then you should know about the Google Pay Limits Per day, monthly and all the transactions.
Let’s find out the Google Pay transaction limit….
Google pay number of Transaction Limit in 24 hours.
The new Guideline Issues by Reserve Bank Of India in October 21st, 2018. The RBI wants there is a proper and fair transaction in the UPI system, So the limits of the transaction are reduced in 24 hours. Here google pay limit per day India is following.
Under the new limit of National Payment Correction of India, There only 10 transactions can be done in 24 hours from a single account.
You can transfer up to ₹ 1 Lakh per day from all the UPI app. So the maximum payment limit per day (24 hours) Googlegle pay is ₹ 1,00,000.
Before the NPCI had given the limitations of peer to peer 20 transactions per day (24 hours).
When the Google Pay Limit Per Day In India applies?
When you make payment to a shopkeeper for shopping, then these limits will not apply. You can pay any number of time. But the limits are applicable when you transfer money to a friend and relative.
What is Google pay minimum limit per day
You can pay Minimum ₹ 1 to another bank account through UPI payment system. Below this limit you cant transfer any amount, If you do, You will receive an error message.
What is Google pay maximum limit per day
As we discussed earlier, there are a maximum One lakh rupees you can transfer In a single day. If you cross your limit then wait for 24 hours and again you can make a transaction up to one lack rupees till one day.
What you can do with Google Pay App and Features.
- You can pay your mobile bills and recharges from home through this app
- This helps to pay Electricity bill payment, postpaid mobile bills, TV DTH recharge, Landline, and Broadband payments.
- It allows paying Gas, water bill payments. Bajaj Auto Finance and PMC property tax.
- Through this Google Pay, you can pay your insurance premiums like Bajaj Allianz General Insurance, Bharti Axa Life Insurance, DHFL Pramerica life insurance and more.
- Transfer the Money from one account to another account.
- You can also use the UPI ID or QR code for quick transactions without delay.
- Book cinema tickets from home on Bookmyshow, It allows booking the tickets online.
- Book Bus tickets from Redbus, Abhibus and more Business suggestions are available.
- Now you can also get extra money by inviting your friends to download the Google Pay app.
- Easy Hotel booking from leading hotel booking merchandise.
- At any time you can easily track your transaction history from Google Pay app from all transactions tab.
- Also, you can monitor your balance amount in your account.
How does Google pay works?
1. Google Pay Cash/Tez Mode.
Here is the interesting thing about Google Pay is that the cash mode option if you don’t want to share your UPI id, Mobile number and any other personal details to anyone.
For a while Google Takes on the job is audio QR technology, It works on almost any Smartphone in India, whether Android or iOS.
Audio QR uses sound to connect your device to another nearby device. All you need is a Smartphone with a speaker and a microphone.
After you can send any amount to any person using the QR code, this system is more useful when you want to pay to small shopkeepers, a vegetable seller and so on.
2. Google Pay Normal Mode.
In normal mode, you will get saved contact details of your friends on Google pay app, if they are also using the same Application.
Easily sent money from the saved contact details. Here you can get unlimited payment options on the Business tab and new payment option. You can choose the payment, add the Bank account and finalize the transaction.
Frequently asked questions on Google Pay.
Is google pay and Tez same?
The answer for you is “Yes”, The Google Pay and Tez are the Same But only modification in the Name.
Google has replenished Google Tez into Google Pay to tap into growing Indian digital payment space.
Google Payments General Manager Caesar Sengupta said that the re-branding service provides better opportunities, the product takes the global and imports global facilities in India.
Is google pay is safe?
Again our answer is “Yes,” Google pay is safe and secure. At the time of purchase, you will receive a pop-up notification indicating the confirmation of your payment. Along with a confirmation you also get name and numbers of the particular merchant.
This enables you to know what transaction, when and where it happens, this makes easy identification of any frauds or misleading.
If your mobile device theft or loss, you can easily lock your device with android device manager, you can update, change your password and also delete any of your personal information.
Is google pay is free?
The google pay app is absolutely free and the company does not charge any amount to use the transaction service.
You can easily and free of charge can send and receive money through Google Pay app.
How google pay Makes Money?
As Google Tez has made a lot of new accomplices for advancing their business and consequently giving the clients excellent offers like for each new Biller client will get a free scratch card worth 1000 Rs.
Its primary rationale is to have a close client base in this section and well it has gathered a huge number of clients. Google Tez is particularly genuine about getting all the more no of customers.
The google pay is started earning through his partners but not much as other companies earning on the same services. the main motive is found a strong brand awareness to the people. If it does that perfectly they will get the first position and earnings like others cat imagine.