UPI Circle – Delegate Payments
Introducing UPI Circle
A family member or friend shares their bank account allowing you to make payments on their behalf even without your own bank account.
Steps for partial delegation:
Partial Delegation
Primary account holder to authorize every time when payment is initiated by secondary user for completing UPI transaction with 2FA.
- Primary user initiates UPI Circle using Our CUB MBANK & allowing them to access delegate payment to secondary users.
- Primary user adds the secondary user to UPI Circle either by scanning QR code or entering the secondary user’s UPI ID.
- Primary user sets transaction limit and authorization preferences.
- Secondary user initiate payment request to a merchant or another user using their own UPI app
- Secondary user cannot directly transfer funds but instead initiates a request or payment.
- Payment request appears in the primary user UPI App,Primary user review the request & complete the transaction by entering their UPI PIN.
- Transaction processed using the primary user’s bank account
- Both you and the primary user can see all payments made within the UPI Circle.
Limit Restrictions and Usage Controls:-
Cooling period for first 24 hrs and transaction limit of Rs.5000 will be applicable to secondary user for partial delegation.
Linking of a secondary user shall be allowed only by the primary account holder. To start with, a primary account holder can have 5 secondary users and a secondary user can have maximum 5 primary account holders at any point of time.
