Tag Archives: NPCI

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.

The Unified Payments Interface (UPI) continues to solidify its dominance in India’s financial landscape, achieving a record 15,547 crore transactions worth ₹223 lakh crore between January and November 2024, according to the Finance Ministry.

Bhashini, the government's AI language translation platform, is set to introduce voice-based services for UPI payments, aiming to bridge the digital and literacy divide and enhance linguistic inclusion in India's digital landscape.