New UPI feature lets you authorise others to make transactions from your account

The primary user who is the account holder can authorise a secondary user to make transactions using their bank account up to a specified limit.

Unified Payments Interface (UPI) users may now be able to authorise other users to make transactions using their bank account.

UPI is an instant payment system developed by the NPCI. (Representative image)

When was the new feature announced?

This new delegated payment feature was announced by Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday, August 8, as he announced the RBI's monetary policy outcome.

The monetary policy committee on kept the repo rate unchanged at 6.5% for the ninth time in a row.

How does the new delegated UPI payment feature work?

The primary customer who is the account holder can now, authorise another person, known as a secondary user, to carry out transactions using the primary customer's bank account, but up to a specified limit.