UPI Payment New Rules: Many rules have been made by the Reserve Bank of India to prevent fraud and to ensure the safety of the money of all bank customers. In such a situation, a very important decision has been taken regarding UPI i.e. digital payment.
A new rule has been made by the National Payments Corporation of India (NPCI) for UPI i.e. Unified Payment Interface transactions and this new rule will be implemented from June 30, 2025. During this time, if you transact through UPI, then it is very important to know this new rule. Only the real name should be registered in the mobile application and apart from this, the correct information should be registered through UPI. Let us tell you detailed information about this new rule.
What is the new payment rule of UPI?
If you use UPI applications like Google Pay, PhonePe, Paytm or BHIM and you transfer money through UPI, then this rule will be very beneficial for you because you can avoid fraud and can also avoid sending information to the wrong place or money to the wrong place because cyber fraudsters cheat people by creating QR code or UPI ID. Now you will easily get rid of all these problems and your money will reach the safe place where it has to reach.
Talking about the new rule, very soon RBI can give information in this matter and through the media you will get complete information about the new rules. Let me tell you that now wherever you are sending money, its name and all the information will be easily available to you before sending money and you can easily avoid it, such as you can easily avoid cases like fraud.
In today’s time it is quite easy to transfer money through UPI. Talking about the new rules, a few days ago the limit of UPI transactions was increased, that is, the limit was made up to 5 lakhs. Such information has come to light through the media. Even bigger steps can be taken in the coming time. RBI is making strict rules on banks and local finance companies to ensure that customers get good services continuously so that they do not take advantage of any kind of problems with the customers and provide them better services.