NPCI to Google Pay, Paytm, PhonePe and others: Deactivate these UPI IDs by December 31
NPCI to Google Pay, Paytm, PhonePe and others: Deactivate these UPI IDs by December 31
The National Payments Corporation of India (NPCI) has instructed third-party UPI apps and banks to deactivate inactive UPI IDs and numbers that have been dormant for over a year. This move aims to prevent accidental money transfers to unintended recipients if customers change their mobile numbers without unlinking their old number from the banking system. The circular also outlines guidelines for third-party app providers and payment service providers to implement these changes by December 31, 2023, ensuring a secure transactional experience for customers.
The National Payments Corporation of India (NPCI) has instructed third-party UPI apps and banks to deactivate inactive UPI IDs and numbers that have been dormant for over a year. This move aims to prevent accidental money transfers to unintended recipients if customers change their mobile numbers without unlinking their old number from the banking system. The circular also outlines guidelines for third-party app providers and payment service providers to implement these changes by December 31, 2023, ensuring a secure transactional experience for customers.
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The National Payments Corporation of India (NPCI) has instructed third-party UPI apps and banks to deactivate inactive UPI IDs and numbers that have been dormant for over a year. This move aims to prevent accidental money transfers to unintended recipients if customers change their mobile numbers without unlinking their old number from the banking system. The circular also outlines guidelines for third-party app providers and payment service providers to implement these changes by December 31, 2023, ensuring a secure transactional experience for customers. 
