UPI Users Alert! NPCI Issues New Guidelines, Effective April 1. Read All Details HERE
The National Payments Corporation of India announced new guidelines for numeric UPI ID solutions, set to take effect from April 1. This means users whose registered mobile numbers are deemed inactive by their banks will lose access to UPI services unless they update their details. Impact on UPI Users and Mobile Number Inactivity Users relying on UPI services must ensure that their registered mobile number remains active. Bank Verification and Opt-in Requirement for Numeric UPI IDs As part of the new regulations, a user’s bank-verified mobile number will serve as the primary identifier for their numeric UPI ID. Additionally, banks and UPI service providers must update their mobile number records on a weekly basis to prevent issues arising from reassigned numbers.
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