India, March 18 -- The National Payments Corporation of India (NPCI) is reportedly planning to do away with the 'collect' request feature for merchant payments in a phased manner to curb the rise in UPI-related fraud cases in the country.

A collect request is initiated by merchants to get funds from customers by using virtual ID. However, such transactions are susceptible to fraud as merchants have greater control over them.

The NPCI is rather keen on promoting 'push' transactions, where customers initiate payments by scanning QR codes, using account number, virtual ID, or via other means, the Economic Times reported.

This comes amid growing popularity of UPI payments in the country. UPI transactions in February surpassed 16 Bn and the...