PhonePe to Allow UPI Payments Up to Rs 5,000 Without PIN – Big Change Announced

PhonePe Transaction: Most people in India now make online payments, and UPI has become the preferred method. Mobile payments are commonplace everywhere, from grocery stores to cabs, food delivery, and shopping. Amidst this surge in digital transactions, PhonePe has made a significant change. Now, entering a PIN will no longer be necessary every time you make a UPI payment. 

The company has introduced biometric authentication, allowing users to make payments using fingerprint or face unlock. This feature is designed to make the payment process easier, faster, and less hassle. Find out how you can use this feature and which phones are currently offering it.

Payment up to Rs 5000 without PIN

If you use UPI frequently for small purchases, then this news is very important for you. Now, UPI transactions up to ₹5,000 can be made without entering a PIN. For lower-value transactions, the smartphone’s native security system will be used as a secondary authentication factor. This means that for everyday payments like groceries, food, medicine, or small purchases, fingerprint or face recognition alone will be sufficient.

Facility will be available in these phones

However, a UPI PIN will still be required for larger transactions. This ensures no compromise on pfms security. The company says this feature will reduce disruptions to the payment flow and help users complete transactions faster. Currently, this feature is only available for Android smartphone users. It will be rolled out to iPhone users in the future.

How to use this feature?

Activating this feature is easy. First, open the PhonePe app and go to your profile section. There, you’ll find the Manage Payments option. Then, tap the Biometric Pay icon. Turn on biometric authentication for UPI payments for your bank account.

During the first setup, you’ll need to confirm your UPI PIN and biometrics. Once this process is complete, you won’t need to enter a PIN for transactions up to Rs 5,000. The phone’s built-in fingerprint or face unlock system will act as a second layer of security.