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SEBI Proposes Secure UPI Payment Mechanism for Market Intermediaries

Kumari Sonali

SEBI Proposes Secure UPI Payment Mechanism for Market Intermediaries:

SEBI is planning a secure UPI payment mechanism to ensure investor safety and prevent fraud in capital markets. The proposal includes unique UPI IDs for registered intermediaries, a verification icon for authenticity, and an increased UPI transaction limit of ₹5 lakh per day (up from ₹2 lakh).

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