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NPCI to stop allowing 'pull transactions' on UPI from October 1
short by Ashley Paul / on 13 Aug 2025,Wednesday
NPCI, which runs UPI, has asked banks and payment apps to stop all peer-to-peer "pull transactions" from October 1 as part of its efforts to curb financial fraud. The feature allows a merchant/UPI user to send requests to another UPI user, asking them to pay money. At present, the maximum amount a UPI user can "collect" per transaction is ₹2,000.
short by Ashley Paul / 12:48 pm on 13 Aug
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