1 Answers
A:
First, hardcode category-based caps in your ERP’s payment configuration. Tag insurance premium payments with a merchant category like MCC 6300 (insurance carriers) and set a max UPI limit of ₹5L (or ₹10L if verified). This ensures any transaction above that instantly throws a validation error before hitting your payment gateway.
Second, add a daily aggregation check. Your ERP should maintain a running total of all UPI transactions made to that insurer per day per payer account. If a new premium payment pushes the total beyond the daily limit, the system should automatically block it or split it into compliant chunks (like INR 5L + INR 3L).
Third, enforce real-time warnings and soft limits in the UI. When a finance team member tries to initiate a large UPI payment, show an alert:
UPI daily cap for insurance payments is ₹5,00,000. Please use NEFT or RTGS for higher amounts.
This prevents staff from wasting time on transactions that will fail anyway.
Fourth, include policy-level validation in workflows. For example, if the premium amount exceeds the cap, automatically switch the default payment mode from UPI to bank transfer. Your ERP can trigger this rule in the payment gateway selection logic.
Fifth, implement audit logging and exception reports. Track all over-limit attempts, even blocked ones, so finance teams can identify if users are consistently trying to make non-compliant payments. This helps refine training and controls later.
Finally, make sure your UPI integration uses NPCI’s error response codes (like U68 for limit exceeded) to handle rejections cleanly in case any slip through.
Related Question and Answers
Q:
A:
Configure the engine to map real estate token plans/charges to the correct RBI/NPCI UPI purpose code in its product/payment settings.
When generating the UPI intent/collect request, auto-attach this purpose code into the transaction metadata sent to the PSP/gateway.
Persist the tagged code on the invoice, payment record, and settlement entries, and expose it in exports/reports to simplify audits and regulatory checks.
Q:
A:
At the time of initiation, the engine should check the transaction category and amount against a real-time UPI limit master for Real Estate Token payments.
If eligible for a higher cap, it should show a dynamic in-app/checkout message confirming the enhanced limit before UPI intent creation.
This check for eligibility needs to be API-driven, configuration-controlled, and audit-logged for compliance.
Q:
A:
Enable daily aggregate threshold alerts when total UPI collections for real estate tokens approach or cross RBI/NPCI caps.
Set project-wise and gateway-wise volume alerts to detect abnormal concentration of payments.
Configure exception alerts for sudden spikes, high failure rates, or reversal-heavy days for immediate finance review.
Q:
A:
Have the app fetch the effective-dated UPI limit table (post–15 Sep 2025) from your backend for the real estate token category at checkout.
Before creating the UPI intent, compare token amount + any prior same-day token UPI payments against that category limit.
If it breaches, block the UPI option, show a clear higher-cap / fallback message, and log the decision with category + date for audit.
Q:
A:
Set a retry policy with exponential backoff and a strict max retry count per UPI token transaction (e.g., 3–5 retries).
Drive throttling from p95 latency, timeout, and error-rate metrics from the gateway/UPI PSP, when thresholds breach, auto-reduce parallel calls.
Add a circuit breaker that temporarily blocks new retries, queues pending requests, and raises alerts to ops/finance until latency stabilises.
Find the Best Payment Gateway
Explore all products with features, pricing, reviews and more
View All SoftwareHelp the community
Be the First to Answer these questions
Disclaimer
Techjockey’s software industry experts offer advice for educational and informational purposes only. A category or product query or issue posted, created, or compiled by Techjockey is not meant to replace your independent judgment.
20,000+ Software Listed
Best
Price Guaranteed
Free Expert
Consultation
2M+
Happy Customers
USA
UAE
