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Deccan Herald
8 hours ago
- Business
- Deccan Herald
Changes in UPI from August 1: Here's what every user needs to know
The NPCI has announced several changes to UPI, including a daily limit on balance checks and fixed time slots for AutoPay transactions, all effective from August 1, 2025. Here's everything you need to know. Credit: X/@UPI_NPCI
India.com
10 hours ago
- Business
- India.com
UPI transaction new rules: Big update for PhonePe, GPay, Paytm users due to…, THESE rules will change from…, updates you should know
Home Business UPI transaction new rules: Big update for PhonePe, GPay, Paytm users due to…, THESE rules will change from…, updates you should know UPI transaction new rules: Big update for PhonePe, GPay, Paytm users due to…, THESE rules will change from…, updates you should know These new rules are designed to enhance system efficiency, reduce server load, and improve security for all UPI users, including customers of Google Pay, PhonePe, Paytm, and other popular apps. Starting 1st August 2025, some important changes are coming to UPI apps like Paytm, PhonePe, GPay, and others. If you use UPI regularly, it is important to know what will be different. The National Payments Corporation of India (NPCI), which manages the UPI system, is bringing in new rules to reduce pressure on the system. These changes will help avoid delays and failed payments during busy hours. New UPI limits you should know: You will only be able to check your account balance 50 times a day through any UPI app. You can view your bank account linked to your phone number only 25 times a day on a UPI app. These limits are being added to reduce unnecessary traffic on the UPI network. This way, the system will work faster and smoother, especially when many people are using it at the same time. It will also help make your transactions more secure. New AutoPay rules for UPI: Fixed time slots announced Along with new daily limits, NPCI is also bringing changes to UPI AutoPay transactions starting from 1st August 2025. This will affect payments that happen automatically, such as: Subscriptions Utility bills EMI payments Other scheduled auto payments What's changing? From now on, all AutoPay transactions will be processed only during fixed time slots during the day. This means your auto payments will not go through anytime like before, they will only be processed at the following times: Before 10:00 AM Between 1:00 PM to 5:00 PM After 9:30 PM There is no change in the transaction limit, the payment amount rules will remain the same as before. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on
NDTV
a day ago
- Business
- NDTV
All You Need To Know About UPI Changes Effective From August 1
The National Payments Corporation of India (NPCI) is set to implement a set of changes to the Unified Payments Interface (UPI) from August 1, 2025. The changes, including balance check and transaction status, are aimed at making the interface stable and efficient. In a circular dated April 26, 2025, NPCI stated that they are working to reduce the response time of UPI transactions to improve the performance. It added that the adjustments will benefit remitter banks, beneficiary banks and Payment Service Providers (PSPs), such as PhonePe, Google Pay and Paytm. Later on May 21, 2025, NPCI noted: "PSP banks and/or acquiring banks shall ensure all the API requests (in terms of velocity and TPS - transactions per second limitations) sent to UPI are monitored and moderated in terms of appropriate usage (customer-initiated and PSP system-initiated)." Here are the key changes: Daily Balance Check Limit: The users can check their account balance only 50 times a day per UPI app. If they use multiple apps, the limit applies to each app separately. Transaction Status Check Limit: They can check the status of a failed transaction only 3 times a day, with a minimum gap of 90 seconds between each check. AutoPay Timings: AutoPay transactions will be processed in specific time slots: Before 10 AM, Between 1 PM and 5 PM and After 9:30 PM. Linked Bank Account View Limit: The users can view their linked bank accounts only 25 times a day. Payment Reversal Cap: They can raise a maximum of 10 payment reversal requests in 30 days, with a cap of 5 per sender. Beneficiary Name Display: The recipient's registered bank name will be visible before confirming payment, reducing errors and fraud. Stricter Rules for Banks and UPI Apps: NPCI will monitor API usage, and non-compliant banks and apps may face penalties or restricted access. "Members are requested to take note of this compliance requirement and communicate it to relevant stakeholders and their respective partners for implementation by 31st July 2025," the circular added. IMF praises India's UPI Recently, the International Monetary Fund (IMF) praised India, saying that the nation makes faster payments than any other country with the quick growth of UPI. The usage of other instruments, including debit and credit cards, is on the decline. "India now makes faster payments than any other country. At the same time, proxies for cash usage have fallen," the note said. "Since its launch in 2016, UPI has grown quickly, while some proxies for cash usage have begun to decline. UPI now processes more than 18 billion transactions per month and dominates other electronic retail payments in India," the fintech note said.
News18
2 days ago
- Business
- News18
UPI Changes From August 1: New Autopay Timings, Balance Check Limit & More
Last Updated: Starting August 01, NPCI will limit UPI balance checks to 50 times a day and set fixed time slots for autopay transactions to enhance reliability and reduce disruptions. UPI Changes From August 01: Starting August 01, several changes in Unified Payment Interface (UPI) will come into effect, impacting users, banks and merchants alike. The regulating authority of UPI, the National Payments Corporation of India (NPCI), has announced a set of regulatory changes in the predominant digital payment platform. These changes are aimed at making UPI more dependable, seamless, and less prone to disruptions, particularly during peak hours. These changes are coming after the payment system witnessed two major outages – April 12 & March 26 – in the past 2-3 months, impacting crores of users and hampering transactions worth crores. India's real-time payment technology UPI (Unified Payment Interface) has emerged as the global leader surpassing Visa, according to a recent note by the International Monetary Fund titled Growing Retail Digital Payments: The Value of Interoperability. The IMF report states that UPI has powered 85 per cent of India's digital payments and nearly 60 per cent globally. What Are New Changes In UPI From Aug 01? New API usage rules for all banks and payment apps—including updates to AutoPay and balance check features—will come into effect from next month. Payment Check Up to 50 Times A Day UPI users will only be able to check their account balance 50 times in a day from the limitless times as of now. Fixed Time Slots For Auto-Payment NPCI has set fixed time slots for UPI autopay transactions. Instead of being processed randomly during the day, payments like subscriptions, EMIs, and utility bills will now be handled at specific times. While the change happens in the background, it's expected to improve platform speed and ease congestion. This change will not impact customers directly as their auto-payments will continue to operate as usual. However, businesses need to readjust their schedules of payment collection in alignment with the time slots. About the Author First Published: July 27, 2025, 14:26 IST News business » banking-finance UPI Changes From August 1: New Autopay Timings, Balance Check Limit & More Latest News Saiyaara Changed Everything For Me, Says Tanishk Bagchi: 'Originals Ka Bhi Baap Hoon' Bollywood Regional Cinema Actor Madhampatty Rangaraj Marries Joy Crizildaa Again, Couple Expecting First Child Agency feeds Pak records three more poliovirus cases; countrywide tally reaches 17 Agency feeds Lets fight for people of Maharashtra: Rahul wishes Uddhav on birthday Bollywood What Makes Saiyaara Star Ahaan Panday Different From Other Debutants? Reddit Weighs In latest news
India.com
3 days ago
- Business
- India.com
Big Financial Changes From August 1: THESE 6 Rules Will Change From Credit Card To UPI — Check Full List
NPCI is introducing new usage limits on UPI apps like Paytm, PhonePe, and Google Pay to ease server load and improve service speed. Here's what changes from August: - Bank balance checks limited to 50 times per day - Linked account checks (via mobile number) capped at 25 per day - AutoPay transactions allowed only in 3 fixed time slots - Failed transaction status can be viewed only 3 times a day
