[ad_1]
agency:AyraNews24x7W
Last update:
If you are a UPI user, then you should know the new NPCI regulations. If you do not follow the new regulations, then from February 1, you will not be able to transact with your UPI IDS. Know the entire detail here.
If there are special characters in UPI ID, then the transaction will fail.
Highlights
- From February 1, the UPI ID will not have special characters.
- NPCI has issued a new circular.
- The transaction will fail if there is a special character in the UPI ID.
New Delhi. In the last few years, UPI has replaced the cash. You will also use this for shopping. Although it is not that cash is not being used, but the digit payment method has been very proud in some time. You cannot deny this. By December 2024, the number of people using UPI has reached 16.73 billion. If you compare for the last few months, then there is an increase of 8%.
India’s Tier 1 city is at the forefront of UPI transaction. But with this it is also necessary to make the entire UPI Ecosystem safe. Because these days, cases of online frauds and scams have increased and sometimes scams use UPI to rob the innocent people. Therefore, NPCI has issued a new circular and has described it as necessary for every UPI user.
ALSO READ: Neither did it clinch on any link, nor told any details, just after pressing 1, flew from the account ₹ 2 lakh
What is in NPCI’s circular?
If your life is also full of UPI, then you must read this. The National Payment Corporation of India (NPCI) has said in its circular that there should be no special character in the UPI ID. Now from February 1, there will be no permission to keep a special character in the UPI ID. Most of us have a special character in the ID of the people, change it immediately because UPI with such ID will not be able to get transactions from 1 February. With this step, NPCI wants to improve the digital security so that UPI Ecosystem can work properly.
This circular although NPCI issued on January 9, it has been said to follow this regime strictly. This means that if there is a character like @,!, Or # in your UPI ID, then you will not be able to use it from February 1. Your transaction will be automatically failed. Although most banks and payment platforms have given it to it, but people have not yet done these changes, they will have to do this work before 1 February.
New Delhi,Delhi
January 30, 2025, 19:09
Note! Your UPI payment will fail from 1 February, do this necessary seting
[ad_2]
