UPI

What is the new rule for UPI transaction?

The National Payments Corporation of India (NPCI) introduced several system-level controls to enhance efficiency and reduce system load, particularly during peak hours. Key updates include limiting daily bank balance checks to 50 times per app, and restricting the viewing of linked bank accounts to 25 times per day. Additionally, UPI Autopay-related executions are now recommended during non-peak hours to minimize disruption to real-time payments, ensuring smoother service. Recipient name verification is also being enhanced to reduce fraud.

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