Upi Ids News Today

On April 17, One97 Communications Limited (OCL), which runs Paytm, started the customer migration to partner with payment service provider (PSP) banks Axis Bank, HDFC Bank, SBI and Yes Bank.

Transfer of money to wrong UPI number: There might be a situation when a particular mobile number which was linked with unified payment interface (UPI) got deactivated and got allocated to another individual who in turn has linked the said mobile number with his bank account. This can result in unintentional transfer of money to another individual.

Important financial tasks to complete before the December 31 deadline

The process of deactivation will be done by the third-party application providers and PSP which will identify UPI IDs and associated UPI numbers and phone numbers of customers who have not carried out any transaction for one year from their UPI ID.

This article discusses the concept of Smart Routing in UPI transactions. Smart Routing is a feature that improves the success rate of payments by rout

The new circular issued by the NPCI asks the members of UPI (i.e., Third Party Service Providers and banks) to deactivate all the inactive UPI IDs and UPI numbers for all the financial transactions. The active UPI IDs and UPI numbers are those which have been active/used for one year for payments.

The National Payments Corporation of India (NPCI) has asked payment apps and banks to deactivate UPI IDs and numbers that have been inactive for over

A businessman named Babloo Yadav was kidnapped by a friend in Delhi while trying to buy apples. He was held captive and a ransom of approximately Rs 3 lakh was demanded. Yadav managed to secure his release after transferring Rs 2.7 lakh through five UPI IDs. Three individuals have been apprehended in connection with the incident.