<h1>NPCI Launches UPI 2.0 with Invoice Viewing, Automatic Payments, and Increased Transaction Cap to Rs. 2 Lakh.</h1> The National Payments Corporation of India (NPCI) launched an enhanced version of the Unified Payments Interface (UPI), known as UPI 2.0, in Mumbai. This version introduces features such as invoice viewing before payment, signed intent/QR for easier transactions, UPI mandates for automatic payments, and support for overdraft accounts. The transaction cap has increased from Rs. 1 lakh to Rs. 2 lakh. UPI 2.0 aims to expand digital payments in India, offering improved security and user convenience. The Reserve Bank of India supports these advancements to foster competition and innovation in payment systems, promoting financial inclusion and safe digital transactions.