New UPI Rule Concerning Cell Numbers To Come To Be Effective From april 1:
The countrywide payments corporation of india (NPCI) has introduced new directives for enhancing the security and efficiency of Unified Payments Interface (UPI) transactions, as a way to come into effect from april 1, 2025.
The new hints require banks, payment carrier companies (PSPs), and third-party UPI service providers consisting of PhonePe, GPay, and paytm to put in force positive measures regarding numeric UPI IDs.
"The Banks, PSP App shall use the cell quantity Revocation list/virtual Intelligence Platform (MNRL/DIP) and replace their database therefore at ordinary periods, as a minimum on a weekly basis," the NPCI's directive read.
That is geared toward reducing transaction mistakes caused by old or reassigned cellular numbers.
The Department of Telecommunications (DoT) points out that a cellular range that has been disconnected may be reallocated to a brand new subscriber after a ninety-day gap.
Usually, if a subscriber makes no calls, sends no texts, or does not use mobile information for three months, the number gets deactivated by the telecom provider issuer and is then reassigned to another subscriber.
The new UPI guidelines replicate this, which means that UPI IDs connected to inactive cellular numbers get deactivated.
Due to this, users need to make certain that their cellular numbers registered with their banks are active and in use.
The NPCI has also begun removing the "acquire bills" features from UPI to cope with the increasingly wide variety of frauds, consistent with an economic times record, which added that this system can be restrained to only massive, demonstrated merchants, while individual-to-individual gather payments will get capped at ₹2,000.
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