Limit-Based Transaction Control

byPaytm Editorial TeamLast Updated: August 12, 2025

Definition

Limit-Based Transaction Control is a security feature that allows users to set daily or per-transaction limits on payments from their account or app. This helps prevent fraud and unauthorized transactions.

Key Features

  • Set spending limits for different transaction types
  • Protects against misuse of account
  • Allows flexible control via mobile app or net banking
  • Alerts when limits are reached

This feature is useful for budgeting and enhancing security for online and offline payments.

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