UPI alert! Banks to roll out these changes from April 1 onwards

National Payments Corporation of India (NPCI) has rolled out a latest circular to deal with rollout of numeric UPI ID mapper to enable UPI number.

A UPI steering committee meeting was held on July 16, 2024 and multiple working group discussions for UPI numbers were held which were aimed at enhancing interoperability and user convenience in UPI number-based UPI payments.