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NPCI directive News

NPCI's Bold Move: Ending UPI P2P Collect Requests to Combat Rising Financial Fraud from October 2025

Ryan Peterson 15 Aug, 2025

NPCI mandates an end to UPI P2P collect requests by October 2025 to combat fraud, shifting to payer-initiated transactions for enhanced security and user control.

Business

NPCI's New UPI Rule: Banning Nicknames to Ensure Safer and Error-Free Transactions for Users

Ryan Peterson 29 Apr, 2025

The NPCI has mandated that UPI applications display only the bank-registered names of beneficiaries to enhance transaction safety and reduce fraud. This move, effective by June 30,...