From April 1, there may be a problem in making UPI payments from Google Pay, PhonePe, Paytm etc. NPCI has instructed banks ...
NPCI says it will start removing UPI IDs associated with inactive mobile numbers starting next month, which may stop many from making digital transactions.
From April 1, 2025, inactive UPI-linked mobile numbers will be delinked from bank accounts, affecting apps like Google Pay and PhonePe.
The NPCI announced that mobile numbers linked to UPI will be removed from bank accounts if they haven’t been active for a significant period of time.
Under current directives, payment apps must deactivate UPI IDs that have remained inactive for more than one year. The measure aims to maintain the cleanliness and security of the UPI ecosystem, ...
Authorities are now favouring 'push' transactions, where customers initiate payments by scanning QR codes or using other ...
The National Payments Corporation of India (NPCI) is set to phase out collect call transactions for merchant payments on the Unified Payments Interface (UPI) in an effort to curb rising online fraud.
The Bengaluru-based fintech firm, which has been offering cashbacks on UPI transactions, overtook Cred, which processed ...
Starting April 1, there may be issues with making UPI payments through apps like Google Pay, PhonePe, and Paytm. The National ...