New UPI rules starting April 1: Here’s what’s changing

National Payments Corporation of India (NPCI) has announced new directives aimed at enhancing the security and efficiency of Unified Payments Interface (UPI) transactions. These guidelines, set to come into effect on April 1, 2025 require banks, Payment Service Providers (PSPs), and third-party UPI service providers like PhonePe, GPay and Paytm to implement specific measures concerning numeric UPI IDs.

According to the NPCI’s directive, “The Banks, PSP App shall use the Mobile Number Revocation List/Digital Intelligence Platform (MNRL/DIP) and update their database accordingly at regular intervals, at least on weekly basis.”