A major update is set to impact all UPI users, including banks, payment apps like GPay and Paytm, and third-party providers. By March 31, 2025, they must implement new rules aimed at enhancing security, preventing fraud, and improving user experience.
One key focus is to manage UPI numbers better and avoid errors caused by recycled mobile numbers. This will ensure a smoother and safer transaction process for millions of users.
As UPI continues to grow, these changes will strengthen the system, making digital payments more reliable and transparent. Stay updated to avoid disruptions in your transactions!
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