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NPCI Mandates Display of Beneficiary Bank Registered Name in UPI transactions implemented by June 30

yaitoolbox@gmail.com10 months ago04 mins

Soon UPI payments will become even more trustable. Now whenever you send money to someone, in the app you will see its real bank registered name, not a name extracted from a QR code, the name of the sev contact or the user’s own display name. This new rule has been announced by NPCI (National…

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If charges are levied on the use of UPI, then 75% of the people will say bye-bye UPI!

yaitoolbox@gmail.com1 year ago01 mins

If transaction charges are implemented, most of India’s Unified Payment Interface (UPI) users may stop using it. According to the survey, 38 percent of users said that they use UPI for more than half of their payment transactions. Similarly, 37 percent said that more than half of their payments are managed through UPI. This shows…

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