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UPI transactions News

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,...

Business

December Sees an 8% Surge in UPI Transactions, Hitting a Record 16.73 Billion

Michael Lee 03 Jan, 2025

December witnessed an 8% increase in UPI transactions, reaching a record 16.73 billion, with transaction values and daily averages also seeing significant growth. NPCI, overseeing ...