UPI Lite’s THIS feature to come into force from April 1; check details here

National Payments Corporation of India (NPCI) has rolled out a new rule with regards to UPI Lite which will come into force from April 1, 2025. By releasing a new circular, the retail payments and settlement systems company has directed all banks to implement ‘Transfer Out’ functionality.

NPCI’s circular also states that this latest rule of ‘transfer out’ is aimed to enhance user convenience.