{"id":1025693,"date":"2026-08-03T07:49:20","date_gmt":"2026-08-03T02:19:20","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1025693"},"modified":"2026-08-03T07:54:08","modified_gmt":"2026-08-03T02:24:08","slug":"banks-propose-yes-no-prompt-for-high-risk-upi-transfers-to-curb-digital-payment-frauds","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/03\/banks-propose-yes-no-prompt-for-high-risk-upi-transfers-to-curb-digital-payment-frauds\/","title":{"rendered":"Banks propose &#8216;Yes-No&#8217; prompt for high-risk UPI transfers to curb digital payment frauds"},"content":{"rendered":"<p>Mumbai: India&#8217;s high-street banks want to strike a balance between adding friction in online payments to curb frauds and preserving the widely showcased digital payment story. <\/p>\n<p>A number of them are proposing a software tweak for the payment app to throw up a prompt, seeking a go-ahead from the payer before the beneficiary&#8217;s account is credited in peer-to-peer (P2P) transactions. If a customer says &#8216;Yes&#8217;, the payment is executed within seconds; if she says &#8216;No&#8217;, the transaction is cancelled; and, if she says nothing, the money-transfer goes through and the beneficiary&#8217;s account gets credited after an hour.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: India&#8217;s high-street banks want to strike a balance between adding friction in online payments to curb frauds and preserving the widely showcased digital payment story. A number of them are proposing a software tweak for the payment app to throw up a prompt, seeking a go-ahead from the payer before the beneficiary&#8217;s account is credited in peer-to-peer (P2P) transactions. If a customer says &#8216;Yes&#8217;, the payment is executed within seconds; if she says &#8216;No&#8217;, the transaction is cancelled; and, if she says nothing, the money-transfer goes through and the beneficiary&#8217;s account gets credited after an hour.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1025693","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1025693"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025693\/revisions"}],"predecessor-version":[{"id":1025717,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1025693\/revisions\/1025717"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1025693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1025693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1025693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}