The National Payments Corporation of India (NPCI) on July 04, 2023, issued a notification regarding the mandatory measures to be implemented by Bank, PSPs, and TPAPs for UPI.
The following has been stated namely: -
• The below guidelines are to be implemented to safeguard the customer’s interest:
1. Separate Mobile App IDs for different Operating Systems (OS):
UPI Apps shall have different App IDs for their applications which are on different operating systems to have a clear demarcation on OS-specific actions that may be required from time to time.
2. Member to support ReqValAdd API for Account Number + IFSC transactions
UPI transactions initiated using UPI ID, UPI Number, Account Number + IFSC should mandatorily prompt the customer to verify the beneficiary name before initiating the transaction. All members are required to make necessary changes at their end to support the payee/beneficiary name verification.
• This is to be complied with on or before December 31, 2023.
[Notification No. NPCI/UPI/OC168/2023-24]
