India, March 26 -- The National Payments Corporation of India (NPCI) has announced new directives for improving the security and efficiency of Unified Payments Interface (UPI) transactions, which will come into effect from April 1, 2025.

The new guidelines require banks, Payment Service Providers (PSPs), and third-party UPI service providers such as PhonePe, GPay and Paytm to implement certain measures regarding numeric UPI IDs.

"The Banks, PSP App shall use the Mobile Number Revocation List/Digital Intelligence Platform (MNRL/DIP) and update their database accordingly at regular intervals, at least on a weekly basis," the NPCI's directive read.

This is aimed at reducing transaction errors caused due to outdated or reassigned mobile nu...