NPCI reportedly readies offline UPI tap-to-pay for PoS terminals
NPCI is reportedly developing NFC-based offline UPI payments for certified PoS terminals, aimed at low-connectivity settings such as aircraft and metros. A reported Rs 2,000 transaction cap exceeds the RBI’s published Rs 500 offline-payment limit, and operating rules are yet to be released.
NPCI is reportedly developing NFC-based offline UPI payments for certified conventional PoS terminals, targeting low-connectivity settings such as aircraft and metros. The proposed Rs 2,000 transaction cap conflicts with published RBI offline-payment limits; operating rules have not been released.
Why this matters
The report extends NPCI's recent signal, "NPCI Readies Offline UPI Tap-to-Pay for Transactions Up to Rs 2,000," with certified-terminal requirements, low-connectivity use cases and a reported gap with RBI's offline-payment limit.
Omni-channel is steady, with 1,267 signals recorded over the past 90 days.