New UPI Guidelines Take Effect: NPCI Imposes Limits to Streamline Payments and Prevent Fraud
Mumbai: In a significant move to enhance the efficiency and safety of digital payments, the National Payments Corporation of India (NPCI) has introduced a fresh set of regulations governing the Unified Payments Interface (UPI) ecosystem. The changes, which came into effect today, are aimed at reducing network load, curbing misuse, and improving transaction transparency. Under…
