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Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to note ...
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India Today on MSNNew UPI transaction rule: All you need to know about auto chargeback processThe changes are primarily regarding auto acceptance and rejection of chargebacks, thereby making the system more efficient.
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 ...
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 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 ...
The President also emphasized the role of Banking and Digi Payment Sakhis in driving this digital transformation. India’s homegrown Unified Payments Interface (UPI) kept ruling the digital ...
According to The Washington Post, Lebryk’s departure was prompted by a clash with surrogates of billionaire Elon Musk over their attempts to gain access to sensitive department payment systems.
For the millions of Indians who rely on UPI for everyday transactions, this change could lead to some issues. If a user tries to make a payment through an app that generates UPI IDs with special ...
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