Query - limit for UPI payment via RuPay Credit Card

[mgforce]

Hi,

I have PNB Credit Card and activated it in BHIM for making UPI payments at merchants.

I was using it at Amazon.in for a transaction of Rs 10000 (first one for the month and for the day) and it gave an error - "NET DEBIT CAP IN EXCEEDED".

Tried another transaction of Rs 9000 and that too failed. What can be the reason?

Amazon UPI handle which requested money was:

amazonupi@apl
amazon@yapl

Checked in PNB Netbanking and there seems no way to limit/modify at PNB end.

So confused. Also tagging @Abhishek012 in case he has some inside info 🙂

EDIT: Seems like stablization issues at PNB / NCPI. But later on, was even able to do a single transaction of Rs 35K

 

[mgforce]

you have to make transaction after 24 hours of registration and card activation

Dada - I registered like 2 weeks back. And made many transactions 3K / 4K / 10K etc across few days.

On 31st Oct, made 10K and after that all failing...10K failed, 5K failed, 1K failed.

Not only Amazon but other vendors too. Same error "NET DEBIT CAP IS EXCEEDED"

No way to contact anyone !!!

 

[rp0703]

Dada - I registered like 2 weeks back. And made many transactions 3K / 4K / 10K etc across few days.

On 31st Oct, made 10K and after that all failing...10K failed, 5K failed, 1K failed.

Not only Amazon but other vendors too. Same error "NET DEBIT CAP IS EXCEEDED"

No way to contact anyone !!!

Try paying via Debit card linked upi ID in BHIM app. Then you can atleast find out whether problem is with CC or BHIM app.

 

[Abhishek012]

Payment cos face market share, transaction caps | Mint (livemint.com)

This is just a proposal. Currently, no market cap on any UPI apps.

NPCI to cap third party UPI apps market share from Jan 2023 but recently I heard that NPCI has again extended this 3rd party UPI apps cap plan for 2 years.

Also note - NPCI will stop adding new customers for third party UPI apps like Gpay and Phonepe untill GPay, Phonepe UPI apps market share will reduce to under 33%. There is no plan to cap on UPI transactions.

Follow UPI circulars here - https://www.npci.org.in/what-we-do/upi/circular

 

[Gk123]

Hi,

I have PNB Credit Card and activated it in BHIM for making UPI payments at merchants.

I was using it at Amazon.in for a transaction of Rs 10000 (first one for the month and for the day) and it gave an error - "NET DEBIT CAP IN EXCEEDED".

Tried another transaction of Rs 9000 and that too failed. What can be the reason?

Amazon UPI handle which requested money was:

amazonupi@apl
amazon@yapl

Checked in PNB Netbanking and there seems no way to limit/modify at PNB end.

So confused. Also tagging @Abhishek012 in case he has some inside info 🙂

Thing's are stil in development.it not easy to Handle UPI SWITCH AND CREDIT CARD SWITCH. Different systems are joint so things take time you see different error every day remember that day when UPI lunch..
These are not impossible but they need some time to evaluate new learnings and new scalable possibilities.
They make it live on whiten 3months so this kind of issues are natural in first pahse.

 

[Abhishek012]

Thing's are stil in development.it not easy to Handle UPI SWITCH AND CREDIT CARD SWITCH. Different systems are joint so things take time you see different error every day remember that day when UPI lunch..
These are not impossible but they need some time to evaluate new learnings and new scalable possibilities.
They make it live on whiten 3months so this kind of issues are natural in first pahse.

@mgforce I think PNB bank is set some cap on daily and monthly RuPay credit card linked UPI transactions that's why you get this error "NET DEBIT CAP IS EXCEEDED"

Remove your card and add again on BHIM UPI app and retry.

 

[mgforce]

@mgforce I think PNB bank is set some cap on daily and monthly RuPay credit card linked UPI transactions that's why you get this error "NET DEBIT CAP IS EXCEEDED"

Remove your card and add again on BHIM UPI app and retry.

May be.

Since yesterday it has started working again though this time I am trying small transactions - max upto 2000/-

 

[Tosh]

Dada - I registered like 2 weeks back. And made many transactions 3K / 4K / 10K etc across few days.

On 31st Oct, made 10K and after that all failing...10K failed, 5K failed, 1K failed.

Not only Amazon but other vendors too. Same error "NET DEBIT CAP IS EXCEEDED"

No way to contact anyone !!!

Maybe you exhausted number of transactions for day and not the transaction amount cap. Not really sure just shooting in the dark here

 

[Abhishek012]

May be.

Since yesterday it has started working again though this time I am trying small transactions - max upto 2000/-

If possible do transactions above Rs2000 via UPI. Dnt misuse the Credit card linked UPI service.

Bank will face losses if you do too much transaction under Rs2000 via UPI.

Read here - RuPay credit card UPI to succeed if small transactions under 10%: NPCI CEO

Lenders will promote RuPay credit card on Unified Payments Interface (UPI) as long as the value of transactions derived from small merchants, who have been exempted to pay merchant discount rate (MDR), is not more than 10 per cent of the total value of RuPay credit card transactions.

RuPay credit card UPI to succeed if small transactions under 10%: Asbe

$8 for blue tick on Twitter: 'RuPay credit card UPI to see good traction if small merchant transaction stays within 10%'

www.business-standard.com

 

[rj_arora]

Any idea when BOB CC will be supported?

 

[Gk123]

Any idea when BOB CC will be supported?

No official canformation but currently hdfc in final stage of go live and it soon seen.
Moreover Bob and other player go live begining of fiscal 2023
Bob may go live may be earlier than 2023

 

[mgforce]

If possible do transactions above Rs2000 via UPI. Dnt misuse the Credit card linked UPI service.

Bank will face losses if you do too much transaction under Rs2000 via UPI.

Read here - RuPay credit card UPI to succeed if small transactions under 10%: NPCI CEO

Lenders will promote RuPay credit card on Unified Payments Interface (UPI) as long as the value of transactions derived from small merchants, who have been exempted to pay merchant discount rate (MDR), is not more than 10 per cent of the total value of RuPay credit card transactions.

RuPay credit card UPI to succeed if small transactions under 10%: Asbe

$8 for blue tick on Twitter: 'RuPay credit card UPI to see good traction if small merchant transaction stays within 10%'

www.business-standard.com

Noted and will take care of that.

For me, the uncertainty of transactions going through is the issue.

Hence my thinking is that may be high value transactions are leading to limit breach or so.

 

[Abhishek012]

Noted and will take care of that.

For me, the uncertainty of transactions going through is the issue.

Hence my thinking is that may be high value transactions are leading to limit breach or so.

PNB is worst bank, these PSU banks also have their own monthly UPI limit.

Wait for other banks to launch RuPay credit card linked UPI.

 

[mgforce]

Seems like stabilization issues at PNB / NCPI.

Today was even able to do a single transaction of Rs 35K

 

[Abhishek012]

Seems like stabilization issues at PNB / NCPI.

Today was even able to do a single transaction of Rs 35K

I already told, everyone need to wait atleast 1 year.

My friend works in "In-Solutions Global Ltd (ISG)".

In-Solutions Global Ltd (ISG) is PNB's technology service provide for linking UPI with PNB bank RuPay credit card.

Linking credit card to UPI will promote exponential rise in card acceptance: ISG

Fintech firm In-Solutions Global Ltd (ISG) expects the credit card issuance and transactions to rise, as issuers start to enable linking of RuPay credit cards to UPI

www.livemint.com

Video - https://www.linkedin.com/feed/update/urn:li:activity:6981572183797981184/

 

[mgforce]

I already told, everyone need to wait atleast 1 year.

My friend works in "In-Solutions Global Ltd (ISG)".

In-Solutions Global Ltd (ISG) is PNB's technology service provide for linking UPI with PNB bank RuPay credit card.

Linking credit card to UPI will promote exponential rise in card acceptance: ISG

Fintech firm In-Solutions Global Ltd (ISG) expects the credit card issuance and transactions to rise, as issuers start to enable linking of RuPay credit cards to UPI

www.livemint.com

Video - https://www.linkedin.com/feed/update/urn:li:activity:6981572183797981184/

And this payment also happened after 3 attempts.

 

[Rishabh]

Manage to add HDFC Regalia Rupay Credit card to BHIM app without any issues.