Gangtok, March 26 -- Beginning April 1, 2025, significant changes are set to take place in the way Unified Payments Interface (UPI) transactions are managed, following new directives from the National Payments Corporation of India (NPCI). The aim is to bolster security and prevent misuse by streamlining the handling of mobile numbers linked to UPI IDs.

Under the updated framework, all banks, Payment Service Providers (PSPs), and third-party UPI applications such as Google Pay, PhonePe, and Paytm will be required to actively reference and update their user databases using the Mobile Number Revocation List (MNRL) or the Digital Intelligence Platform (DIP). These updates must occur at least once every week to ensure accuracy and prevent is...