UPI New Rule: Beware! NPCI to Implement BIG Changes in Digital Payments, Makes it Safer from 30th June 2025

UPI New Rule: In order to make digital payment safer and secured, National Payments Corporation of India (NPCI) is implementing a new rule for UPI. This rule will be effective from June 30, 2025. It will help to reduce fraud incidents.

What is UPI New Rule?

The rule for digital payment through UPI is going to change from June 30, 2025. NPCI is going to make digital payments safe and reliable.
•    After implementation of this rule, if you send money to someone, the real name of receiver which is registered with the bank will appear on the UPI app. It will not show the name you have saved in your mobile. 
•    At current, it shows the name saved and not name registered with bank when we send money to someone through UPI (Google Pay, PhonePe, Paytm or other UPI app). Currently, there is higher possibility of fraud/scam as scammers/fraudsters can cheat people by creating QR codes or UPI IDs with fake or misleading names.
•    As per new rule, before any transaction, the real name of the receiver that is registered in the bank records will automatically appear on the app. And by this way, you can ensure that the payment is going to right person.
•    This rule will also apply if you do merchant payment. If you do payment to a shop or other merchant by scanning the QR code or using mobile number or using UPI ID, in every case the real name will appear on the app.

Benefits of UPI New Rule

This UPI new rule will provide many benefits and will help to decrease fraud incidents.
•    Now before sending money, you can know whether the person whom you are going to send money is the right person or not. It will control fraud.
•    This UPI new rule will increase trust in users and the possibility of sending money to the wrong person will be reduced.
•     It will also prevent errors that happen due to similar names.

What should UPI Users Do for safety in Digital Payments?

To make digital payments safe, every UPI users should keep in mind that before initiating any transaction, read the name that appears on the app and check it carefully. If the name is unfamiliar or suspicious, avoid making the payment. On making payment to any merchant by scanning QR code, confirm the name that appears on app with the merchant first then proceed the payment.  If there is any problem or doubt avoid any paymet. And if any payment is done which is doubtful, immediately inform the customer care of your bank or payment app to solve the issue. 

After implementation of UPI new rule, the name of receiver registered in bank will appear on the app and not the name that is saved in mobile. It will decrease the cases of frauds and increase the trust in digital payments.