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Tag: UPI transaction time
    NPCI implements major UPI rule changes: payments now faster and smarter

    NPCI implements major UPI rule changes: payments now faster and smarter

    2025-06-17  Niranjan Ghatule
    The National Payments Corporation of India (NPCI) has implemented new UPI rule changes from June 16, reducing transaction time by 50 percent. Payments will now complete within 15 seconds, with faster reversals and status checks. Upcoming changes in 2025 will introduce beneficiary bank name display, balance check limits, and restricted auto-pay timings, aiming to improve user experience and reduce