NPCI issued new rules for transactions with UPI, will be applicable from June 30, 2025

To make digital payments safe and reliable, the National Payments Corporation of India (NPCI) has issued a new rule for UPI i.e. Unified Payments Interface transactions. This rule will come into effect from June 30, 2025

UPI Payment: The rules for making payments through UPI are going to change. To make digital payments safe and reliable, the National Payments Corporation of India (NPCI) has issued a new rule for UPI i.e. Unified Payments Interface transactions. This rule will come into effect from June 30, 2025. Under this, now while sending money to someone, only the real name registered with the bank of the receiver i.e. the person taking the money will be visible on the mobile app, not the name you have saved.

What will change in the rule?

Till now, when we send money to someone through UPI—whether it is Google Pay, PhonePe, Paytm or BHIM app—we see the same name of that person which we have saved in our contact. This increased the possibility of fraud, because fraudsters could mislead people by creating QR codes or UPI IDs with fake or misleading names.

According to the new rule, now before every transaction, the real name of the person who is registered in the bank records will be automatically displayed on the app.

Where will this rule apply?

This rule will apply to two types of UPI transactions.

P2P (Person to Person): When a person sends money to another person.

P2M (Person to Merchant): When you make payment to a shop, cafe or merchant.