CrackitToday App

NPCI to Discontinue UPI P2P

Kumari Sonali

NPCI to Discontinue UPI P2P:

From October 1, 2025, NPCI will halt UPI peer-to-peer collect requests to prevent fraud, ensuring all P2P payments are user-initiated for better security. The National Payments Corporation of India (NPCI) has announced that peer-to-peer (P2P) ‘collect requests’ on UPI will be discontinued from October 1, 2025. The decision affects all member banks and leading UPI apps like PhonePe, Google Pay, and Paytm, and is expected to drastically reduce fraud incidents on the Unified Payments Interface (UPI) network.

...Read more on our test console

...Read these too

  • UPI and AANI Link-Up

    UPI and AANI Link-Up: Union Commerce Minister Piyush Goyal has informed that the Indian and UAE governments are working on interlinking the UPI of India and the AANI of UAE.…

  • SEBI’s New Verified UPI Mechanism

    SEBI’s New Verified UPI Mechanism: SEBI has announced a new verified UPI ID system for registered market intermediaries, effective from October 1, 2025, to curb rising cases of cyber fraud…

  • UPI Pay Linkages

    UPI Pay Linkages: India’s Unified Payments Interface (UPI) and Singapore’s PayNow have been integrated to enable faster Remittances between the two countries. Singapore has become the first country with which…