India, March 21 -- From how users give consent to UPI apps to an increase in the UPI LITE limit, your UPI payment experience is set to get updated starting April 1.
The National Payments Corporation of India (NPCI) has recently issued a number of circulars with regard to the UPI. Earlier this month, on March 3, the NPCI directed UPI apps (PhonePe, Google Pay, Paytm, et al) to obtain "explicit user consent" with a "clear-out option" when seeding or porting a user's UPI number.
Under this, UPI apps are now required to keep users' default settings as "checked out" when porting their numbers. The user should now be allowed to "opt-in" if they want their numbers ported or seeded.
"A UPI app shall ensure clear, non-intrusive communication wi...
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