Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to note ...

The changes are primarily regarding auto acceptance and rejection of chargebacks, thereby making the system more efficient.

Our opinions are our own. Here is a list of our partners and here's how we make money. Shop Pay, an accelerated checkout function for Shopify storefronts, is a great solution for online businesses ...

The National Payments Corporation of India (NPCI) has enforced a new compliance guideline for Unified Payments Interface (UPI) transactions, stating that any transaction ID containing special ...

In response, Transport Minister Pratap Sarnaik has urged passengers to use UPI payments for purchasing ... advised passengers to use this digital payment option to eliminate disputes related ...

From February 1, 2025, a routine UPI payment might not go through—not because of insufficient funds, but due to an unexpected restriction. Any transaction ID containing special characters such ...

On Friday, Sebi floated a a consultation paper seeking a public feedback on a host of issues including if the proposed mechanism of dedicated UPI Handle as a payment mode, along with the prescribed ...

According to NPCI’s latest guidelines, Unified Payments Interface (UPI) transactions must not contain special characters in the transaction ID—only alphanumeric characters will be allowed.

It means starting from February 1, 2025, UPI payment apps will no longer be allowed to use special characters in generating transaction IDs. If you are using a UPI app that includes special ...

The proposed UPI payment limit for capital market transactions is set at Rs 5 lakh per day, higher than the current Rs 2 lakh limit. This will be evaluated periodically in consultation with NPCI. The ...

The Economic Survey 2025 has underscored the transformative role of the Unified Payments Interface (UPI), stating that financial inclusion can come before financial literacy. Despite concerns that a ...