NPCI (National Payments Corporation of India) has taken an important step to make digital transactions secure. From October 1, 2025, the peer-to-peer (P2P) collect request feature will be discontinued through UPI (Unified Payment Interface). This feature allowed users to ask for payment from another user. However, its misuse was increasing continuously, due to which it was decided to shut it down.
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Why is the feature being discontinued?
The P2P collect request facility was being used extensively by scammers. They would send payment requests to users and confuse people into sending money by entering the UPI PIN. Due to this, thousands of people became victims of fraud. NPCI has said that by shutting it down, the digital payment system will be made more secure.
What will be the rule now?
After October 1, 2025, no bank or UPI app will be able to initiate or process P2P collect transactions. Under the current rule, users can collect up to a maximum of Rs 2000 at a time. This facility will continue only for merchants, and for this, they will have to follow KYC rules.
How popular was this feature
Industry experts say that pull transactions account for only 3% of the total transactions of UPI. That is, this change will not cause any major problem for most consumers. NPCI believes that this decision will make the future of digital transactions more secure.
Fraud figures are shocking
UPI fraud figures in the last three years show how fraudsters were taking advantage of this feature.
In 2022-23, fraud of Rs 573 crore took place in 7.25 lakh cases.
In 2023-24, it increased to 13.42 lakh cases and Rs 1087 crore.
In 2024-25, fraud of about Rs 485 crore was reported in 6.32 lakh cases.
Increasing popularity of UPI
The use of UPI has increased rapidly in the last few years. Minister of State for Finance Pankaj Chaudhary said that while only 92 crore transactions were done through UPI in 2017-18, this number increased to 18,587 crore in 2024-25. This shows a CAGR (Compound Annual Growth Rate) of 114 percent.
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Joint effort of NPCI and the government
NPCI has informed all banks and fintech companies about this change so that they can amend their system in time. At the same time, the government and RBI are also taking continuous steps to curb UPI fraud. Finance Minister Nirmala Sitharaman has said that the government is fully committed to making the digital payment system more secure.