CONTACTLESS PAYMENT
05
Dec
Subject: Economics Context: Reserve Bank of India governor announced that RBI has enhanced limits for contactless card payments from ₹2,000 to ₹5,000. This will be effective from 1 January 2021 and will be at the discretion of the user. Concept: The RBI’s decision to increase the limit from Rs. 2000 to Rs. 5000 without entering […]