
The National Payment Corporation of India (NPCI) released a new information earlier this month, announcing new guidelines for compliance. The purpose of the new rules is to all members of the Unified Payment Interface (UPI), and it is stated that any transaction identifier (ID), which contains special characters, will be launched on February 1. The purpose of this notification is to ensure compliance with technical explanations, which is to ensure compliance with technical explanations. UPI, which was first implemented in March 2024. This means that the UPI platform that continues to play a special role in the transaction ID will observe a high amount of failures.
NPC Issues New Compliance Revelation for UPI Platforms
A Information Released on January 9, the NPCI detailed the new compliance directive. On March 28, 2024, the agency first issued a guiding principle to the entire UPI ecosystem in which they were advised to stop using special roles in the transaction ID. In the latest notification, the NPCI said that while the matter has been resolved widely, some participants are continuing to comply.
Now, the NPCI has set a deadline for the week on February 1, in which no transaction ID containing special characters will be completed and payment will be reduced.
The need for this compliance does not require any action from the last users. However, both traders and consumers should make sure that the transaction ID does not contain specific characters, otherwise the payment can be rejected. Updating their UPI apps to the latest version can also help prevent any non -intentions and insects.
The NPCI highlighted that it was working with the ecosystem last year to help UPI players adopt new guidelines. It was decided to get into the alphabetical characters to simplify the transaction IDs and to make transactions safe and track.
In particular, the UPI transaction IDS also needs to be unique and 35 characters long to meet the technical needs of NPCI. This rule has been declared mandatory for the UPI platform as well as banks and other payment services.
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(tagstotranslate) nPCI upi transaction id Special Characters Decline Notice NPCI (T) UPI (T) India
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