<ul><li>The National Payments Corporation of India (NPCI) has issued new guidelines for UPI-related facilities that will come into effect from April 1.</li><li>Banks and other relevant financial institutions will be required to update their databases related to the Mobile Number Revocation List (MNRL) and Digital Intelligence Platform (DIP) weekly.</li><li>The guidelines mandate that UPI apps must obtain explicit consent from users before linking or transferring their UPI number to another platform.</li><li>The move aims to streamline the overall process and reduce transaction errors caused due to outdated or reassigned mobile numbers.</li></ul>

New UPI Rules From April 1: NPCI Introduces Guidelines For UPI Number Seeding And Porting

Discover more