UPI Overhaul: Stricter Rules, Faster Payments
The National Payments Corporation of India (NPCI) has announced significant changes to the Unified Payments Interface (UPI) system, effective August 1, 2025. These updates aim to enhance speed, security, and reliability while addressing potential misuse.
Key changes include transaction limits for users. Individuals can now make a maximum of 50 bank balance checks and 25 bank detail views per day. This move is designed to curb fraudulent activities and protect user data.
To improve system efficiency, auto-payments will be processed during off-peak hours. This will reduce congestion and ensure faster processing times for all users. A crucial addition is the mandatory display of the recipient’s name before confirming a transaction, adding an extra layer of security.
NPCI has also outlined penalties for non-compliance with the new rules. These measures underscore the seriousness of adhering to the updated regulations. Financial institutions are expected to fully implement these changes promptly.
These changes will undoubtedly impact millions of UPI users. The stricter regulations, while potentially inconvenient for some, are ultimately aimed at strengthening the security and reliability of India’s most popular digital payment system, ensuring a safer financial landscape for all.
