NPCI bans nicknames in UPI payments - here’s how it will...

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NPCI bans nicknames in UPI payments - here’s how it will benefit users

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To enhance security and transparency, NPCI mandates UPI apps to display only verified bank names for transactions by June 30, 2025. This directive aims to curb rising UPI frauds caused by misleading display names, ensuring users see the 'ultimate beneficiary name' from Core Banking System.

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