Are there any account limits?
In accordance with State Bank of Pakistan regulations, there are certain limits for the transactions done through EMIs like NayaPay. You can also upgrade these limits by providing biometric verification through in-app fingerprint verification or at any Meezan Bank ATM nationwide. Please refer to the table below to see your initial and upgraded limits on NayaPay.
Initial Limit |
Upgraded Limit |
|
| Monthly Incoming Limit | Rs. 50,000 |
Rs. 400,000 |
| Daily Cash Withdrawal | Rs. 10,000 |
Upto Rs. 50,000 |
| Daily In-Store payments | Rs. 50,000 |
Rs. 200,000 |
| Daily NayaPay Fund Transfers | Rs. 50,000 |
Rs. 200,000 |
| Daily Fund Transfers to Banks | Rs. 50,000 |
Rs. 200,000 |
| Daily Merchant Payments | Rs. 50,000 |
Rs. 400,000 |
To upgrade your wallet through the NayaPay app please follow the steps here. You can also visit any Meezan Bank ATM nationwide to provide your biometric verification. You don’t need to insert a card in the ATM. Simply select Biometric Services → NayaPay → Biometric Verification on the Meezan Bank ATM and follow the instructions to complete the biometric verification. Detailed steps can also be found here.