Latest news with #PhonePe
India.com
14 hours ago
- Business
- India.com
7 New UPI Rules From 1 August 2025: Paytm, PhonePe, GPay, BHIM Users Must Know About Latest Changes
photoDetails english 2938543 Starting 1 August 1 2025, new set of UPI rules will come into effect, changing how UPI users use the service. The new rules pertains to balance check, checking bank account links and transaction status among other major things. Here's all Paytm, PhonePe, GPay, BHIM users need to know. Updated:Jul 30, 2025, 07:08 AM IST 7 New UPI Rules From 1 August 2025 1 / 8 The National Payments Corporation of India (NPCI), which oversees the UPI ecosystem, has implemented these new limits to relieve system strain and reduce issues like payment delays and unsuccessful transactions. According to the NPCI, this move will make UPI smoother and more reliable. Here are the UPI changes that are being implemented from next month. 1. Most-Used APIs On UPI Network 2 / 8 The NPCI recently issued a circular mandating banks and PSPs to limit the use of the most-used APIs on the UPI network. These APIs include balance inquiry, fulfilling autopay mandate and checking transaction status among others. The NPCI has said that repeated API (application programming interface) requests increase pressure on the UPI network, increasing the risk of system downtime. 2. Balance Checks Capped At 50 Times 3 / 8 UPI users will be able to check their account balance only 50 times per day, starting next month. According to the NPCI guidelines, UPI apps should limit balance enquiry requests to reduce the load in peak hours. So, it set a daily cap of 50 apps per customer in 24 hours. 3. Account List Access Limited To 25 Times 4 / 8 UPI users will be able to check bank accounts linked to their mobile number only 25 times a day per app, starting next month. 4. Transaction Status Check Limited To Three 5 / 8 The number of times you can check the status of a transaction will also be limited to three and there must be a minimum of 90 seconds gap between each check. 5. Changes To UPI AutoPay Features 6 / 8 Fixed time slots are being introduced by NPCI for UPI auto pay transactions. According to this, scheduled payments, such as EMIs, utility bills, subscriptions and auto payments, will be processed during specific windows rather than at random throughout the day. 6. Changes To Affect All UPI Users 7 / 8 The new limits will apply to all users across all platforms. They will be applicable to all individuals who use applications like Paytm, Google Pay, PhonePe or any other UPI payments app. These limits have been introduced to address users who repeatedly overload the system with requests. 7. Banks To Communicate About Available Balance 8 / 8 According to the directives of the NPCI, the issuer banks will have to notify users of the available balance in their accounts after every financial transaction.
India.com
14 hours ago
- Business
- India.com
From August 1, UPI Gets A Silent Overhaul: Here's What Regular Users Will Notice First
New Delhi: Come August 1, your everyday routine with apps like PhonePe or Google Pay may change. You will not need to update anything. The engine beneath the familiar tap-to-pay button is getting a careful tune-up. The National Payments Corporation of India (NPCI), which runs the show behind UPI, is introducing new rules to ease pressure on servers, speed up stuck payments and tighten account linking. None of this is meant to make your day harder. Those who pay bills, check balances or send rent via UPI, these small shifts will show up in subtle ways. Autopay Requests Will Come Early If you have set up recurring payments, maybe a Netflix subscription, your SIP or even an apartment lease payment, expect those auto-debit requests to reach you while you are still asleep. From August, UPI apps will need to trigger these 'mandate collect' requests between midnight and 7 AM. Why the early hour? NPCI wants to avoid clogging the system during peak hours. The idea is to lighten the morning rush on UPI servers so your other payments do not hit unexpected delays. Notifications will still land on your phone, just earlier in the day. Balance Checks With A Daily Limit Checking your bank balance through UPI might feel like a tiny and harmless task. But it actually eats up a fair chunk of backend resources, especially when biometric verification like fingerprint or Face ID is used. To control that load, the NPCI will place a soft cap on how often users can check balances daily. The exact number is not public so far, but the goal is to prevent bots or overactive users from pinging bank servers too frequently. If you are a regular user, you might not hit the limit but you will probably feel a nudge to check a little less often. No More Limbo for Failed Payments Nothing frustrates users more than the moment after a failed UPI payment, when you see your money gone but the other person has not received anything. Sometimes it stays stuck in 'Processing' or 'Pending' mode longer than it should. That is about to change. The NPCI now wants apps to confirm success or failure much faster. Starting August, these apps must update the status of failed transactions in near real-time. You will no longer have to wait five minutes before knowing whether to retry, and fewer people will need to send screenshots asking, 'Did it reach you?' Tighter Checks When Linking a New Bank Account Adding a new account to your UPI app? It might take a few seconds longer from August. Apps are introducing stricter verification checks to ensure the bank account really belongs to you. This might involve added validation steps from the bank's side. While it may add a few seconds of friction, the idea is to prevent accidental links or worse, fraudulent ones. What It Means For You If you use UPI just once or twice a week, these changes might slide by unnoticed. But if you use it five or ten times a day, you will begin to sense that the system is running a bit smoother, status updates feel quicker and the app is not dragging when you check balances. None of these updates require action from your end. But they represent the platform maturing, growing smarter under the hood. It is the kind of change you do not see but eventually feel. And come August 1, you will likely feel it first thing in the morning.
India.com
a day 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
Indian Express
a day ago
- Indian Express
Karnataka sub-inspector, 3 police constables suspended for extorting Rs 3.70 lakh from Tamil Nadu businessman
The Karnataka Police on Sunday suspended a police sub-inspector and three constables after they were booked for allegedly extorting Rs 3.70 lakh from a Tamil Nadu businessman. 'The accused policemen — Chamarajanagar district CEN sub-inspector Ayyana Gowda and constables Basavanna, Ramesh, and Mohan — are currently absconding,' said B T Kavitha, Chamarajanagar Superintendent of Police. According to the police, the incident took place on July 26 when the businessman, Sachidananda Murthy, had come to Chamarajanagar town with Rs 3 lakh as per the instructions of two individuals named Syed Ansari and Imran, who had lured him into a money-doubling scheme. The police said that while Murthy was waiting for the men at a hotel, the accused policemen were at his doorstep, stating that they were conducting a raid and seized the cash. The accused officials, including Chamarajanagar district CEN sub-inspector Ayyana Gowda, allegedly threatened to arrest Murthy for storing 'black money' and demanded Rs 4 lakh to let him free, the police said. Murthy gave them the cash of Rs 3 lakh and also transferred Rs 70,000 via Phone Pe to Ansari. Later, he filed a complaint with the Chamarajanagar town police. The role of the policemen came to light following the arrest of Imran and Ansari. Special teams have been formed to nab the accused policemen, said Kavita.
Time of India
2 days ago
- Time of India
Sex racket busted in Jabalpur
Jabalpur: A sex racket operating under the guise of a spa centre was busted by police in the Omti area of Jabalpur on Sunday evening. Acting on a tip-off, police sent an informant to Queen Unisex Salon and Spa Centre near Bloom Chowk. Following a pre-arranged signal, a raid was conducted, and six persons were detained, including the spa operator and three women. CSP Omti Sonu Kurmi said the spa was being run by Shivansh Rajput, 25, a resident of Trimurti Nagar, Krishna Colony, Gohalpur. The spa's licence was found to be expired. During the raid, police found a man and a woman in a compromising position. Three other women aged 20, 23, and 26 were also present at the centre. Police seized two marked Rs 500 notes used by the decoy, a packet of condoms, registers, a PhonePe QR code, Rs 5,000 cash, an iPhone 13, and the spa's licence, which was valid from April 1, 2024, to March 31, 2025. The women told police they were paid Rs 1,000 per client and that Shivansh arranged the
