The National Payments Corporation of India (NPCI) has introduced a new feature called 'UPI Circle' on its Unified Payments Interface (UPI) platform. This feature allows primary UPI account holders to securely delegate payment responsibilities to trusted secondary users.
The Reserve Bank of India introduced this facility during its August MPC meeting. "Delegated Payments' would allow an individual (primary user) to set a UPI transaction limit for another individual (secondary user) on the primary user's bank account.
This product is expected to add to the reach and usage of digital payments across the country' the central bank said in its MPC meeting. UPI Circle-Delegate Payments is a feature where a UPI user acts as a primary link with their trusted secondary users on their UPI App for either partial or full delegation.
A primary user can delegate up to 5 secondary users and a secondary user can accept delegation from only one primary user.
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