New UPI rules are being implemented from April 1, it’ll effect you so much

UPI Rules: Important information for UPI users. New guidelines have been released by the National Payments Corporation of India (NPCI) with the goal of improving the efficiency and security of UPI (Unified Payments Interface) transactions. On April 1, 2025, these modifications will go into effect. According to the new rules, your telecom operator may transfer your mobile number to another person if you don't use it for ninety days. This implies that your UPI ID will likewise become inactive if it is connected to an outdated mobile number that is deactivated. Therefore, you may experience problems using UPI services if the number linked to your bank account is closed or altered. To guarantee seamless UPI usage, these actions are essential.

1. Revocation List for Mobile Numbers (MNRL)

Mobile numbers that have been deleted from UPI transactions will be tracked by this list. In essence, a mobile number will be added to this list if it is no longer suitable for UPI use.

2. Platform for Digital Intelligence (DIP)

For banks and payment service providers to maintain the security and currency of their data, this platform will be crucial.

3. Update of Data

Weekly data refreshes are essential for banks and PSPs to maintain the accuracy and security of all information.

What therefore, ought UPI users to do?

Users of UPI must ensure that their bank has the most recent version of their cellphone number. Make sure to register your new phone number with the bank as soon as possible if you have changed it. In order to prevent any interruptions in UPI services, always use the number associated with your bank.

In an effort to lower fraud, the National Payments Corporation of India (NPCI) recently updated the Unified Payments Interface (UPI). Only larger, approved merchants will now be able to use the "Collect Payment" feature. Furthermore, the "Collect Request" cap for private transactions has been increased to Rs 2,000.

The purpose of these modifications is to improve UPI's security. To avoid any problems when using UPI, make sure the mobile number you have on file with the bank is up to date.