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 nameAfter June 2025: Shows only bank-registered nameThis change prevents nickname-based frauds.