Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to note ...

Debadatta Chand also said banks along with regulator are working on CBDC to create the ease of doing transaction that can be ...

The changes are primarily regarding auto acceptance and rejection of chargebacks, thereby making the system more efficient.

Our opinions are our own. Here is a list of our partners and here's how we make money. Shop Pay, an accelerated checkout function for Shopify storefronts, is a great solution for online businesses ...

UPI has become a dominant force in India's digital transactions, accounting for over 80 per cent of them. It transformed how ...

The National Payments Corporation of India (NPCI) has enforced a new compliance guideline for Unified Payments Interface (UPI) transactions, stating that any transaction ID containing special ...

In response, Transport Minister Pratap Sarnaik has urged passengers to use UPI payments for purchasing ... advised passengers to use this digital payment option to eliminate disputes related ...

From February 1, 2025, a routine UPI payment might not go through—not because of insufficient funds, but due to an unexpected restriction. Any transaction ID containing special characters such ...

On Friday, Sebi floated a a consultation paper seeking a public feedback on a host of issues including if the proposed mechanism of dedicated UPI Handle as a payment mode, along with the prescribed ...

According to NPCI’s latest guidelines, Unified Payments Interface (UPI) transactions must not contain special characters in the transaction ID—only alphanumeric characters will be allowed.

It means starting from February 1, 2025, UPI payment apps will no longer be allowed to use special characters in generating transaction IDs. If you are using a UPI app that includes special ...