New rules from today. If anyone able to transfer more than 20K merchant payment or more than 10K bank transfer, please update.
What are the transaction limits for using Amazon Pay balance UPI ID?
- In the first 24 hours of registration of your Amazon Pay balance UPI ID, you can only transact up to INR 5,000.
- Send Money to Bank:
o A maximum of 10 bank transfers per day
o Monthly transfer limit of INR 10,000
o This feature will be available only to Full KYC users
- Merchant payments on UPI - Scan & pay & online merchants:
o Monthly spend limit INR 20,000 for Full KYC and INR 10,000 for Small PPI account customers
- 5 collect requests from Amazon Pay balance UPI ID to anyone per day
- In case you reach your monthly spend limit, you will be able to use your remaining balance next month.