From october 1, 2025, users of Unified payments Interface (UPI) apps inclusive of PhonePe, google Pay, and paytm will not be able to use a extensively relied-upon characteristic.
The national bills agency of india (NPCI) has introduced that it's going to stop peer-to-peer (P2P) 'accumulate requests'-a feature that lets in customers to ship charge requests to other account holders. The pass aims to strengthen security and scale down economic fraud inside the UPI surroundings.
NPCI's new UPI exchange
In a circular issued on July 29, NPCI showed that "UPI P2P collect shall no longer be allowed to be processed in UPI" from october 1, 2025. this indicates the option to ship a payment request via banks or fee apps may be phased out entirely.
The UPI accumulate request is regularly used to remind friends to settle shared costs or cut up bills. but, fraudsters have increasingly exploited this feature via posing as a person in urgent want or in an authentic capacity, tricking users into approving requests. once established, finances are instantly debited from the sufferer's account.
even though the according to-transaction limit for P2P requests was capped at ₹2,000 to lessen scams, fraud tries have endured. under the brand new policies, users will need to make payments with the aid of scanning a QR code or at once selecting the recipient's touch wide variety and authorising the transfer with their UPI PIN.
impact on service provider payments
The trade will not affect transactions with merchants consisting of Amazon, Flipkart, Swiggy, or IRCTC. corporations will nevertheless be capable of send accumulate requests for payments. however, customers need to approve these requests and input their UPI PIN before the transaction is completed.
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