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UPI Payment Security: Now you will not be able to fraud cyber criminal, option to ask for money on UPI is closed

Admin — Wed, 01 Oct 2025 08:19:45 +0000

UPI Payment Security: UPI (Unified Payment Interface) is now going to change the methods of online payment. In today’s superfast life, transactions up to thousands of rupees with just one click occur in seconds. Due to this, everyday life has become cashless and much easier. Now, whether to distribute the bill in the restaurant or to borrow money from a friend, UPI has become an important means for digital transactions. But now a big change is going to come, which will affect millions of users. Let’s know what is this change.

New change in UPI transaction

The National Payments Corporation of India has announced that now Person to Person ‘Collect Request’ or ‘Bridge Transaction’ feature will be closed from 1 October 2025 i.e. from today. Apps like Phone Pay, Google Pay and Paytm will no longer allow users to send payment requests directly to friends, relatives or their experts.

What is UPI ‘Collect request’ feature

Actually, with the help of this feature, one person could send a payment request to another user by entering UPI ID. For example, if you want to take money from your friend, then you could send them a request from your UPI app. After this, your friend would accept that request and put his pean, the money would be transferred to your account. This feature was very convenient, but at the same time it was becoming dangerous over time. Let’s know how.

Why was this feature dangerous

Actually, even though this facility was made for ease, with the help of this, the fraudsters were benefiting a lot. Scammers used to send fake requests to unknown users and implicate them to pay. Although earlier, the National Payments Corporation of India had reduced the request limit to ₹ 2000 to prevent misuse, but even then the fraud continued. Now after this, this feature is being closed forever to stop this fraud.

Traders will still have access

The important thing is that this feature will not be completely eliminated. Marchants like IRCTC, Flipkart, Amazon or Netflix will be able to send payment requests to customers for ticket booking, shopping or subscription. This feature is being banned only for Person to Person Transaction.

How to affect users

After the closure of this feature, from 1 October 2025, you cannot ask for money from friends or relatives using UPI Collect request. To transfer the money, you have to use the mobile number directly from the QR code, the receiver’s UPI ID, or the mobile number linked to UPI.

This feature is being closed for the purpose of increasing the security of digital payment. With this, now after this step, users will get relief from the scam. Users are advised to always check the payment request thoroughly before transferring money and must find out where the money is going.

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Now ATM does not need to escape for cash, money will come in hand with just a scan; Know what is the matter?

Admin — Mon, 15 Sep 2025 12:46:26 +0000

Upi cash withdrawal: To withdraw cash from the smartphone, it is even easier, for this, the National Payments Corporation of India is going to make big preparations. According to an Economic Times report, people in India will soon be able to withdraw cash through Unified Payment Interface (UPI) at more than 2 million business correspondents (BC) outlets. In order to provide more and more people the benefit of this facility, NPCI has allegedly contacted the Reserve Bank of India (RBI) for approval.

Currently, the face of UPI-based cash withdrawal is available only in a few selected ATMs or some shops. There is also a limit on this. A limit of Rs 1,000 has been kept on every transaction in towns and cities and up to Rs 2,000 in villages. It has been said in the report that under the proposed scheme, you will be able to withdraw cash of up to Rs 10,000 on every transaction at BC outlets.

What is business correspondent outlets?

Business correspondents are local agents, which provide banking services in far-flung areas where there are no ATM facilities. In such underprivileged areas, these people work in a kind of extension of bank branches. Business correspondent can be a shopkeeper, NGOS or any person. Earlier, people used business correspondents to withdraw cash through Aadhaar-based authentication and debit cards.

Now if the UPI-based QR code is implemented, then the customers will be able to scan the code by using any UPI app on their phone. Under this, millions of small service points or shopkeepers will be given QR codes. For this, NPCI has sought permission from the Reserve Bank that cash withdrawal facility through UPI should also be given to business correspondents.

They will benefit

This new system can also benefit from customers who have difficulty in fingerprint authentication or who are reluctant to use debit cards. Currently, customers withdraw money by putting cards in existing micro ATM machines near BCS. Now work is going on to make the system easier. Under this, you will be able to withdraw money by scanning the QR code by visiting BC outlet. Let us know that NPCI launched UPI in the year 2016.

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Another Fintech company gets NPCI approved in UPI Payment world, soon we will be able to use Grampay, Viyona Pay

Admin — Mon, 08 Sep 2025 16:30:21 +0000

Hyderabad-based Startup Viona Fintech has received approval from the National Payment Corporation of India (NPCI) to work as a third-party application provider (TPAP), paving the way for its admission to the rapidly growing Unified Payments Interface (UPI) Ecosystem.

Digi a ticket will be expanded in rural India

The Fintech company, which made Grampe and Viona Pay app, said in a press release on 8 September that this approval will give pace to its plans to expand digital payments in India’s Tier II, Tier III and rural markets in partnership with banks.

From farmers to shopkeepers benefits

Viona Fintech founder Rabindranath Yarlagadda said, “This approval reflects the trust of NPCI in our fintech applications to make UPI payment more accessible to farmers, shopkeepers and families” he further said that the company focuses on making safe and simple financial equipment safe and simple for both urban and deprived communities.

As a part of his vision, a farmer is also starting a farmer market within the Viona Grampay, so that farmers will be able to connect directly to buyers for proper pricing, rapid settlement and better access to UPI ecosystem.

Proud Moment!
NPCI Grants TPAP Approval to Viyona Fintech.
A Big Step Forward in Building Secure, Scalable & Inclusive UPI Solutions for India.#NPCI #Tpap #UPI #DigitalIndia pic.twitter.com/INQMOEL5Qs

– Viyona Fintech (@viyonafintech16) September 8, 2025

The needs of rural India will be fulfilled

Viona’s flagship platform Grampe meets rural India’s digital payments requirements, which helps farmers, small traders and local communities to make digital collections, payments and UPI transactions. This platform also promotes rural e-commerce and financial literacy through a network of rural level entrepreneurs.

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UPI Transactions Makes Record High of 19.47 billion in July, Value of More Than Rs 25 Lakh Crore

Admin — Fri, 01 Aug 2025 17:56:06 +0000

Digital transactions have increased rapidly in the last few years in the country. Unified Payments Interface (UPI) Transactions made a record high of 19.47 billion in July. In terms of value, these transactions have been Rs 25.08 lakh crore last month. This is the second high after Rs 25.14 lakh crore in May.

The National Payments Corporation of India (NPCI) said that UPI holds 85 percent in digital transactions in the country. Recently, India became the fastest payment country in the world. Unified Payments Interface (UPI) has a major contribution in this achievement. In the country, the use of debit cards and credit cards and other means of payment is decreasing. The International Monetary Fund (IMF) said in a Fintech that the use of UPI has increased rapidly in the last few years. However, the use of some means of payment like debit cards and credit cards is decreasing. The IMF had said, “India has become the fastest payment country in the world.”

Inter-bank transactions can be done immediately through smartphones from the UPI developed by NPCI. The scope of UPI has also increased abroad. This payment service has been launched in Singapore, Bhutan, Nepal, Sri Lanka, United Arab Emirates, France and Mauritius. This provides the facility to make payments easily to Indians traveling abroad. UPI’s share in real-time digital payments at international level has also increased to about 50 percent.

Recently, the Central Government had reiterated its commitment to promote payments digitally through UPI. Along with this, the government had clarified that the proposal to impose Goods and Services Tax (GST) on transactions worth more than Rs 2,000 from UPI is not being considered. UPI transactions are placed in two categories-Person-to-Person (P2P) and Person-to-CRINT (P2M). NPCI plans to add 20 to 30 crore new users for UPI. Its retail users have more than 45 crores. NPCI has also prepared to increase UPI features.

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UPI Rules update from August 1 Google Paytm PhonePe Users will effect know everything

Admin — Sat, 26 Jul 2025 02:44:22 +0000

The National Payment Corporation of India (NPCI) has changed its UPI rules. Now the new rules will be applicable from August 1, 2025. According to NPCI, these new guidelines are being implemented to improve the security of digital transactions in India as well as to improve speed. If you run Google Pay, Paytm, PhonePe or any other platform, then this news is very important for you. Let us know in detail about these newly implemented rules.

How will there be changes in UPI rules

UPI users will not be able to see their linked bank account more than 25 times a day.
UPI users will be able to check their balance only up to 50 times a day.
In case of payment tracking, you will be able to check any transaction status only 3 times. There should be a difference of 90 seconds between every effort.
Autope transactions will be managed with fixed time slots to reduce the crowd in the system.

Let us tell you that this change by NPCI has been made after an increase in complaints of delay and transaction failure between April and May 2025. NPCI said that the system was slowing down due to repeated checks and repeated status tracking through users. Now transactions will be intensified with new changes and rules and will not affect daily use.

No changes in UPI payment limit

However, there has been no significant change in the UPI payment limit. The transaction limit is still the same. Usually users can do up to Rs 1 lakh per transaction and up to Rs 5 lakh for some categories like health service or education.

These things have to be taken care of

The thing to note is that users do not need to do anything for this. These changes will automatically be implemented through users’ UPI apps. All you have to do is keep these new limits in mind so that you do not get any kind of interruption in the necessary transactions. Now auto pay timing can be according to the new fixed slot. Traders who depend on automatic UPI collection may have to keep pace with new times. For most users, whether you are paying for mobile recharge or paying for any subscription, everything will be the same.

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INDIA BCCOMES FASTEST COUNTRY In the World In Making Payments, UPI Has Big Role

Admin — Mon, 14 Jul 2025 18:13:48 +0000

India has become the fastest payment country in the world. Unified Payments Interface (UPI) has a major contribution in this achievement. In the country, the use of debit cards and credit cards and other means of payment is decreasing.

Inter-bank transactions can be done immediately through smartphones from UPI developed by National Payments Corporation of India (NPCI). In the International Monetary Fund (IMF), a fintech note ‘Growing Retail Digital Payments: The Value of Interopeability’ has said that the use of UPI has increased rapidly in the last few years. However, the use of some means of payment like debit cards and credit cards is decreasing. The country has more than 18 billion transactions per month through UPI. IMF has reported, “India has become the fastest payment country in the world.” Through such a fintech note, policy makers are advised by IMF on important issues. The IMF says that the scope of payments can increase rapidly in digital ways with interopeable payment systems like UPI.

This Fintech note states that it is difficult to estimate the use of cash because cash transactions are often not recorded in any laser, especially in the informal sector. Recently, the Central Government had reiterated its commitment to promote payments digitally through UPI. Along with this, the government had clarified that no proposal to impose Goods and Services Tax (GST) on transactions worth more than Rs 2,000 from UPI is being considered.

The consultancy firm PWC report stated that retail digital payments have increased by about 90 times in the last 12 years. NPCI also plans to increase UPI features. UPI transactions are placed in two categories-Person-to-Person (P2P) and Person-to-CRINT (P2M). NPCI aims to add 20 to 30 crore new users for UPI. The number of retail users of this payment system is more than 45 crores.

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INDIA BCCOMES FASTEST COUNTRY In the World In Making Payments, UPI Has Big Role

Admin — Mon, 14 Jul 2025 18:01:44 +0000

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NPCI launched a new system to prevent transactions by Mistake. Paisa Live

Admin — Thu, 26 Jun 2025 07:02:16 +0000

If you pay with UPI and have failed the problem of transaction fail or wrong transfer, then this news is for you. NPCI has introduced a new system from 15 July 2025, under which users will get immediate refunds on failed transactions. This new system has been called RGNB (Remitting Bank Raising Good Faith Negative Chargeback), which allows banks to reject chargebacks without NPCI approval, when the customer’s complaint is found correct. This feature will be applicable with URCs, CD1 and CD2 codes. Learn in the video how to avoid complete information related to this and wrong UPI transactions.

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Npci launches new facility of pan bank account linking on income tax portal

Admin — Fri, 20 Jun 2025 13:44:22 +0000

NPCI: The National Payment Corporation of India (NPCI) has started a new facility to make the verification of PAN and Bank Accounts easier on the Income Tax e-Filing website. The aim is to make the process of filing income tax returns for taxpayers and government departments faster and simplify.

NPCI issued a circular to explained this application programming interface (API), which has been designed for PAN details, bank account status and real time verification of account holder. With the help of this interface, the verification of data will be directly from banks’ core banking system (CBS).

Bank verification will increase

It was said in the circular, this interface is specially designed for government departments, with the help of which they will be able to verify the PAN, account status and account holder’s name from the core banking system (CBS) of their banks.

API will work as software bridge

API is a software bridge that allows two systems to communicate and share data. With the help of this interface, government platforms like Income Tax Portal will get safe and quick verification from the core system of banks. NPCI urged all members banks to implement this facility on priority basis, as this service is being provided to the Government of India.

Taxpayers benefit from this

This will accelerate the process of linking PAN-bank account while filing tax returns for taxpayers, will reduce manual errors during verification, will speed up returns and other tax related payment. Also, the data verification of the taxpayer will be more secure and reliable. Usually, after the tax return is filed, the validation status e-filing account is updated within 10-12 Working Day.

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UPI Payments to Remain Free of Charge, Finance MINISTRY GIVES CLARIFICATION

Admin — Wed, 11 Jun 2025 18:27:53 +0000

The use of Unified Payments Interface (UPI) has increased rapidly in the last few years in the country. The central government is not considering re -implementing the merchant discount rate (MDR) on these transactions. The Finance Ministry has given this information. The ministry has said that UPI will remain a low cost platform for the digital payments.

Recently a media report states that the government has more value Upi Zero MDR is reviewed again on payments. This report said that MDR is being considered to apply on transactions worth more than Rs 3,000. A report by the NDTV Profit quoted sources who are aware of the case as saying that a proposal is being considered to allow MDR on more value UPI transactions.

A senior official had said that last week, a meeting between the Prime Minister’s Office, Department of Financial Services and Department of Economic Affairs was considered to change the policy. However, sources have said that the government has no plans to implement MDR on low -value transactions. The National Payments Corporation of India (NPCI), which operates UPI, plans to add 20 to 30 crore new users for UPI. Its retail users have exceeded 45 crores.

UPI’s popularity increases rapidly and India’s contribution to digital transactions in the world is also increasing. A recent PWC report reported that in the last 12 years, retail digital payments have increased by about 90 times. NPCI’s plan also includes increasing UPI features. In the second half of the previous year, the value of transactions was increased to Rs 198 lakh crore with the use of mobile phones. This is an increase of about 30 percent on a year-on-year basis. It has an increased stake of UPI transactions. NPCI extended the volume limit for these transactions for two years. Apart from this, it was allowed to provide UPI services for all users of WhatsApp.

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