UPI IDs must be alphanumeric, disallowing special characters to enhance security and standardize transactions.

UPI transactions using IDs with special characters will be declined. Update your app to comply with the new NPCI rule.

In today’s digital-first world, most of us rely on Unified Payments Interface (UPI) to seamlessly make payments for everything from groceries to bill payments. However, UPI users need to pay ...

Under the proposed mechanism, the regulator has suggested creating a unique UPI address for registered market intermediaries, ...

Sebi aims to combat fraud by introducing a unique UPI ID for registered market intermediaries, enabling investors to verify ...

Mumbai: In response to complaints from passengers and the inconvenience faced by conductors, state transport minister Pratap Sarnaik on Friday suggest.

From February 1, 2025, special characters will no longer be allowed in UPI transaction IDs, as per NPCI’s new security rule.

A key consideration for the payments ecosystem is the sustainability of the current Merchant Discount Rate (MDR) framework for UPI transactions. With UPI now accounting for a significant share of ...

"This unique UPI address will help investors ensure that their payments are reaching only to registered intermediaries. As a corollary, this would also help investors identify, isolate and avoid ...

SEBI plans to introduce unique UPI addresses for registered intermediaries to ensure secure payments and prevent fraud.