Understanding Google Pay UPI Circle: The Future of Delegated Payments
Wednesday, 11 September 2024, 01:44
Understanding Google Pay UPI Circle
Google Pay UPI Circle allows a primary user to grant delegated payment authority to a secondary user, facilitating joint transactions.
What is UPI Circle?
The UPI Circle feature provides an innovative mechanism for multiple users to manage UPI payments through a single account, enhancing financial accessibility.
Delegation Options
- Full Delegation: Set payment limits for secondary users with the ability to transact within specified limits.
- Partial Delegation: Every payment requires primary user's approval, ensuring tighter control.
Steps to Add Secondary Users
- Sharing QR Code: Secondary users must share their QR code with primary users to initiate the setup.
- Contact Verification: Primary users will need to verify their trusted secondary contacts.
- Choosing Delegation: Decide between full or partial delegation options based on desired control.
- Accepting Requests: Secondary users must accept the invitation to join the UPI Circle.
Making Payments
Through UPI Circle, secondary users can initiate transactions that must be confirmed by primary users, ensuring both security and ease of use.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.