Summary:

The National Payments Corporation of India (NPCI) has introduced the 'UPI Circle' feature on its UPI platform, enabling primary UPI account holders to securely delegate payment responsibilities to trusted secondary users. This functionality allows primary users to maintain control while enabling either partial or full delegation. It aims to enhance the convenience and security of digital transactions, especially for managing payments for dependents such as children or elderly family members.

The UPI Circle feature lets primary users set transaction limits for secondary users, balancing accessibility and security. Primary users can authorize up to five secondary users, each linked to one primary user. Full delegation allows secondary users to complete transactions within predefined limits without additional approval, while partial delegation requires primary user authentication for each transaction. This feature is designed to expand UPI’s use within micro-communities and enhance fraud protection.

Source: IBEF 

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