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SEBI unveils 'Valid' UPI IDs to prevent transaction fraud
short by Shristi Acharya / on 15 Jun 2025,Sunday
SEBI, along with National Payments Council of India (NPCI), has introduced new rules that require all registered financial companies to use special UPI IDs that end with "@valid". The sign refers that the IDs are verified, and it will improve the safety and accessibility of financial transactions. The IDs can be used by market intermediaries to collect funds from clients.
short by Shristi Acharya / 08:38 pm on 15 Jun
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