NPCI notified regarding the addendum to OC 193 - compliance to UPI technical specifications TRAN ID

Jan 22, 2025 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe National Payments Corporation of India (NPCI) on January 09, 2025, notified regarding the addendum to OC 193 - compliance to UPI technical specifications TRAN ID.

It states that the UPI ecosystem players shall ensure that UPI transaction IDs contain only alphanumeric characters, as transactions with special characters will be declined.

This shall be effective from February 01, 2025.

[Notification no. - NPCI/UPI/OC No. 193-C/2024-25]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT