UPI Security Update: Best Fraud Prevention Rules

Written By: Danish

Digital payment frauds are increasing rapidly, affecting everyone from common users to high-profile individuals. UPI's new rule aims to solve this growing concern.

Problem

From June 30, 2025, UPI will show receiver's bank-registered name instead of saved contact names. This NPCI mandate will transform digital payments.

New Rule

Scammers using fake names will be exposed. Every transaction will display official bank-verified names, making UPI payments more trustworthy.

Security Boost

Currently: Shows contact saved name After June 2025: Shows only bank-registered name This change prevents nickname-based frauds.

How It Works

1. Reduces fake transactions 2. Shows verified identities 3. Builds payment confidence 4. Stops nickname frauds

Benefits

Mark your calendar! This crucial security update goes live across all UPI apps (PhonePe, GPay, Paytm) from June 30, 2025.

Implementation

1. Check bank-registered name 2. Confirm amount carefully 3. Reject unknown requests

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