{"id":870291,"date":"2024-10-25T10:27:52","date_gmt":"2024-10-25T04:57:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=870291"},"modified":"2024-10-25T10:27:52","modified_gmt":"2024-10-25T04:57:52","slug":"npci-sends-warning-letter-to-fintech-companies-penalty-and-ban-for-this-unauthorised-use-of-upi-ids","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/25\/npci-sends-warning-letter-to-fintech-companies-penalty-and-ban-for-this-unauthorised-use-of-upi-ids\/","title":{"rendered":"NPCI sends &#8216;warning letter&#8217; to fintech companies: Penalty and ban for this &#8216;unauthorised&#8217; use of UPI IDs"},"content":{"rendered":"<p>The National Payments Corporation of India (NPCI) is reportedly taking a firm stance against unauthorised use of virtual IDs generated for Unified Payments Interface (UPI) transactions. According to a report in Economic Times, certain fintech firms have been offering a service that allows businesses to authenticate users using their UPI IDs, a practice that violates NPCI and Reserve Bank of India guidelines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Payments Corporation of India (NPCI) is reportedly taking a firm stance against unauthorised use of virtual IDs generated for Unified Payments Interface (UPI) transactions. According to a report in Economic Times, certain fintech firms have been offering a service that allows businesses to authenticate users using their UPI IDs, a practice that violates NPCI and Reserve Bank of India guidelines.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-870291","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/870291","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=870291"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/870291\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=870291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=870291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=870291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}