UPI - Revision history

Pazza: /* What is the maximum BTC limit for an UPI trade? */

2024-06-16T18:34:02Z

What is the maximum BTC limit for an UPI trade?

2021-11-21T21:01:13Z

How do I add UPI as a payment method in Bisq?

2021-11-21T21:00:13Z

How do I sell BTC with my UPI account?

2021-11-21T20:59:38Z

How do I buy BTC with my UPI account?

2021-11-21T20:57:28Z

How does dispute resolution when trading with UPI ?

2021-11-21T20:56:05Z

How do I buy BTC with my UPI account?

2021-11-21T20:29:41Z

How do I set up a UPI account?

2021-11-21T20:27:20Z

What is the maximum BTC limit for an UPI trade?

2021-11-21T20:26:27Z

Are there any limits for me to be aware of when using my UPI account?

2021-11-21T20:25:33Z

Are there any fees for me to be aware of when using my UPI account?

@@ Line 25: / Line 25: @@
 == What is the maximum BTC limit for an UPI trade? ==
-.05 BTC.
+.025 BTC.
 == Is UPI a payment method that can be signed? ==

← Older revision		Revision as of 21:01, 21 November 2021
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	Make sure all the details are correct when you add.		Make sure all the details are correct when you add.
		+
		+	{{Admonition_Warn\|Please make sure to include your Virtual Payment Address (VPA) also called your UPI ID. The format for this is like an email ID: with the sign “@” in the middle. For example, your UPI ID could be “receiver’s_name@bank_name” or “phone_number@bank_name.” For UPI there is a maximum limit of Rs. 100,000 that can be sent per transaction. If you intend to trade amount of over Rs. 100,000 per trade it is likely trades will have to take place over multiple transfers. Please note some banks have different limits for their customers.}}

	== How do I buy BTC with my UPI account? ==		== How do I buy BTC with my UPI account? ==

← Older revision		Revision as of 21:00, 21 November 2021
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	Once you receive payment from the BTC Buyer you should confirm payment has been received in Bisq. One you have done this the BTC Buyer will receive their funds and you will receive your security deposit back.		Once you receive payment from the BTC Buyer you should confirm payment has been received in Bisq. One you have done this the BTC Buyer will receive their funds and you will receive your security deposit back.
		+
		+	{{Admonition_Warn\|If you intend to receive over Rs. 100,000 per trade you should expect the buyer to have to make multiple transfers. Please note some banks have different limits for their customers.}}

	== Are there any limits for me to be aware of when using my UPI account? ==		== Are there any limits for me to be aware of when using my UPI account? ==

← Older revision		Revision as of 20:59, 21 November 2021
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	Once the BTC Seller receives your payment they will confirm in Bisq and your security deposit and your purchased trade amount will be available in your wallet.		Once the BTC Seller receives your payment they will confirm in Bisq and your security deposit and your purchased trade amount will be available in your wallet.
		+
		+	{{Admonition_Warn\|Please send payment only to the VPA / UPI ID provided in Bisq. The maximum trade size is Rs. 100,000 per transaction. If your trade is over Rs. 100,000 you will have to make multiple transfers. Please note some banks have different limits for their customers.}}

	== How do I sell BTC with my UPI account? ==		== How do I sell BTC with my UPI account? ==

← Older revision		Revision as of 20:57, 21 November 2021
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	== How does dispute resolution when trading with UPI ? ==		== How does dispute resolution when trading with UPI ? ==
		+
		+	For UPI payments are made on a bank smart phone app. Screenshots / videos can be used if there are any disputes.
		+
		+	SMS messages are also sent to payer and payee to confirm payment. These can also be used as evidence for any disputes.

	If a dispute occurs the mediator may ask the buyer to send them information showing that they made the payment of the correct amount to the BTC Seller within the correct time frame.		If a dispute occurs the mediator may ask the buyer to send them information showing that they made the payment of the correct amount to the BTC Seller within the correct time frame.

@@ Line 58: / Line 58: @@
 # Take an offer to buy BTC on the INR market.
-When the offer is confirmed Bisq will provide you with the BTC Sellers UPI details for you to complete the payment. You should send payment immediately and confirm you have done so in Bisq by clicking 'payment started'.
+In order to make a payment or transfer funds through UPI, you must have at least one of the following details about the beneficiary:
 If you have the option to include a payment reference please leave it blank. If your bank requires one, please just use your name that matches your bank account.

← Older revision		Revision as of 20:29, 21 November 2021
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	== How do I set up a UPI account? ==		== How do I set up a UPI account? ==
		+
		+	Pretty much all bank accounts in India can make UPI payments.

	== How do I add UPI as a payment method in Bisq? ==		== How do I add UPI as a payment method in Bisq? ==

← Older revision		Revision as of 20:26, 21 November 2021
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	== Are there any limits for me to be aware of when using my UPI account? ==		== Are there any limits for me to be aware of when using my UPI account? ==
		+
		+	Minimum payment is 1 INR per transaction.
		+
		+	Maximum payment is 100,000 INR per transaction.
		+
		+	Some banks have different limits for their customers. The above limits are set by the National Payments Corporation of India.

	== Are there any fees for me to be aware of when using my UPI account? ==		== Are there any fees for me to be aware of when using my UPI account? ==

@@ Line 75: / Line 75: @@
 == Are there any limits for me to be aware of when using my UPI account? ==
 == Are there any fees for me to be aware of when using my UPI account? ==
 == How does dispute resolution when trading with UPI ? ==