UPI services will no longer work on mobile numbers that are inactive or reassigned starting April 1. The National Payments Corporation of India (NPCI) has mandated that banks and PSPs update ...

driven by Unified Payments Interface (UPI), the expansion of POS infrastructure, and the growing preference for mobile transactions said the Worldline India’s India Digital Payments Report 2H 2024.

Mumbai: The National Payments Corporation of India (NPCI) has announced new guidelines for the Unified Payments Interface ...

Also Read: Pensioners may soon be able to make EPFO claims via UPI: Labour secretary “The Banks, PSP App shall use the Mobile Number Revocation List/Digital Intelligence Platform (MNRL/DIP ...

If your bank account has an inactive mobile number associated with it, you could run into significant issues when making UPI transactions. In response to the rising incidence of cybercrime ...

The National Payments Corporation of India (NPCI) has asked banks and payment service providers (PSPs) to remove UPI IDs connected with inactive mobile numbers from April 1. Users with such mobile ...

These measures focus on managing inactive mobile numbers linked to UPI accounts and improving transaction accuracy. Unlinking inactive mobile numbers: Starting April 1, UPI IDs associated with ...

Facing intermittent transaction declines during the financial year-end, some banks are experiencing issues with online payments, but the UPI system is functioning normally according to NPCI.

Update:SBI has said that the issue that affected its services, including Mobile Banking and UPI, has been resolved. The bank shared a statement on X (formerly Twitter). "Technical issues with SBI ...