26/07/2025
🔐 New UPI alert: Starting June 30, you’ll see the payee’s actual bank name before sending money. UPI is faster now with quicker status responses.
And from August 1, there will be daily limits on how often you check your balance or transaction status.
All of this means safer and smoother payments.
💳 New UPI Rule Update: What You Should Know
The National Payments Corporation of India (NPCI) has rolled out important updates to UPI transactions—designed to boost transparency, cut down fraud, and improve service reliability for all users:
🔐 Beneficiary Name Display (from June 30, 2025)
UPI apps must now display the bank-registered name of the payee on the pre-transaction screen.
User-defined names or QR labels will no longer be shown—helping reduce cases of scams via fake user names.
⚡ Faster UPI Speed (from June 16–30, 2025)
Response times for transaction status checks and reversals have been reduced significantly:
JiFrom 30 seconds → 10 seconds, making payments quicker and smoother.
📊 API Usage Limits (coming August 1, 2025)
Limits placed on actions like:
Balance checks (max 50/day per app)
Account linked status checks (max 25/day)
Helps reduce system overloads during peak usage.
⚠️ RBI Fee Discussion Warning (ongoing)
RBI officials hint that the era of free UPI may be ending.
Future plans may introduce minimal transaction fees to ensure sustainability
Are you okay with UPI possibly becoming paid? Let us know! 💬
