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NPCI Introduces New Guidelines for UPI Transaction IDs Effective February 1, 2025.

Banking & Finance | Dated: 03 Feb 2025

In February 2025, Mumbai (Maharashtra)-based National Payments Corporation of India (NPCI) implemented new rules for Unified Payments Interface (UPI) transactions, effective from February 1, 2025. As per the new regulation, all UPI Transaction Identifications (IDs) containing special characters (@, #, $, %, and others) will be declined, and only alphanumeric characters must be used.

🎯 Key Highlights:

  • - This directive ensures compliance with the UPI technical specifications introduced in March 2024.

💡 Other Important Facts:

  • (i) The decision follows NPCI Operating Circular (OC 193), issued in March 2024, which required UPI participants to generate transaction IDs exclusively using alphanumeric characters for technical standardization.
  • (ii) All banks, payment service providers, and third-party applications (apps) must update their systems before the enforcement date.

📚 Test Your Knowledge:

Recently, which organization introduced new guidelines for UPI Transaction IDs, effective from February 1, 2025?

Correct Answer: NPCI

🚀 Quick Recap: