UPI IDs With These Characters Will Be Blocked From February 1 - Here's How To Avoid It
This move is part of efforts to ensure the integrity and security of the UPI ecosystem, which has seen tremendous growth in ...
Economic Survey 2025: UPI serving as a tool for financial literacy and inclusion
UPI is the world’s most popular real-time payments system and processes over 16 billion transactions every month worth over ...
Business Today on MSN8h
Why some UPI transactions may fail from tomorrow and here's how you can fix it
Starting February 1, 2025, some users of the Unified Payments Interface (UPI) in India may encounter difficulties while ...
Businessworld1h
RBI Allows Cooperative Banks To Enter UPI Merchant Acquiring
The Reserve Bank of India (RBI) has issued guidelines permitting cooperative banks to act as merchant acquirers on the ...
Special Characters No Longer Allowed In UPI Transaction IDs | Here's Why
In an effort to standardise the process of generating Unified Payments Interface (UPI) transaction IDs, the National Payments ...
inc422h
India’s UPI System Gaining Global Recognition: President Murmu
Highlighting India's growing prominence in fintech and digital technology, President Droupadi Murmu has said that the country ...
Deccan Chronicle19h
From Feb 1, UPI transactions will fail for IDs with special characters
The NPCI this month stated that while most participants in the UPI ecosystem have already complied with the technical standards, a few continue to use non-compliant formats. To address this, the ...
NPCI bans special characters in UPI transaction IDs from February 1: Details
NPCI will disallow special characters in UPI transaction IDs to standardise processes. This comes as UPI transactions hit record levels.
Hosted on MSN48m
Card UPI Payment: The Next Step in Seamless Digital Transactions
The landscape of digital payments in India is evolving at a breakneck pace. With the introduction of UPI (Unified Payments ...
New GDP series to include data on informal sector
The ministry of statistics and programme implementation is exploring new data sources for estimating the informal sector ...
Digital payments record double-digit jump year-on-year: RBI
Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, ...
Big Change In UPI Rules, Remove These Characters From Your ID Before February 1
According to NPCI's latest circular, UPI IDs containing special characters such as #, @, or $ will be blacklisted. From February 1, UPI IDs will only be allowed to include numbers (0-9) and letters (A ...