Tag Archives: banking regulations

UPI IDs Containing These Characters to Be Disabled from February 1 – How to Stay Compliant

January 31, 2025 business news 0

UPI IDs With Special Characters to Be Blocked from February 1, 2025 – What Users Need to Do

The National Payments Corporation of India (NPCI) has introduced new regulations for Unified Payments Interface (UPI) transactions, set to take effect from February 1, 2025. As per the latest guidelines, UPI IDs containing special characters such as #, @, $, or * will no longer be valid. This move is aimed at enhancing the security and compliance of the UPI ecosystem.

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