High-Value Payments

byPaytm Editorial TeamLast Updated: September 15, 2025

Definition

High-value payments are transactions involving large sums, usually above the standard daily limits set by banks or regulators. They often require additional verification for safety.

Examples

  • Property purchases.
  • Business-to-business payments.
  • Large investments in mutual funds or shares.

Importance

  • Ensures smooth transfer of big amounts.
  • Provides strong security through multiple checks.
  • Helps in faster completion of corporate transactions.

You May Also Like

Video KYCLast Updated: August 19, 2025

Definition Video KYC (Know Your Customer) is a digital method of verifying a customer’s identity through live video…

UPI ChargesLast Updated: July 16, 2025

Definition UPI Charges refer to the fees that may be applied to certain UPI transactions, especially commercial or…

UPI Pre-AuthorizationLast Updated: October 21, 2025

Definition UPI Pre-Authorization is the temporary hold of funds on a customer’s account before completing a transaction. Use…