UPI Users Alert: New Safety Rule from NPCI to Prevent Mistaken Transfers – Effective June 30, 2025

India’s digital payment ecosystem continues to evolve with groundbreaking improvements. UPI (Unified Payments Interface), a backbone of this progress, has transformed how people pay—fast, convenient, and widely accessible. However, one lingering issue has been accidental money transfers due to wrong UPI IDs or names. But now, there’s good news for UPI users.

To tackle this problem, the National Payments Corporation of India (NPCI) has introduced a major safety upgrade that aims to eliminate money transfer errors and enhance user confidence in digital transactions.

🔐 What Is the New UPI Rule?

Starting June 30, 2025, all UPI platforms—Google Pay, PhonePe, Paytm, BHIM, and others—will display the real account holder’s name (as per the bank's Core Banking System) before completing any payment.

Until now, many users relied on saved contact names or partial details to send money, often leading to accidental or fraudulent transfers. This new verification step ensures that:

• You see the exact registered name of the recipient.

• You can cross-check before hitting “Pay”.

• You have more control and awareness during transactions.

🧾 Where Will This Rule Apply?

This security feature is being implemented specifically for:

• P2P transactions (Person to Person)

• P2PM transactions (Person to Merchant)

Whether you're paying a friend, family member, or a local vendor, you’ll get to verify the recipient’s official account name upfront.

🛡️ Benefits of the New Rule

✅ Eliminates Wrong Transfers: No more money sent to someone by mistake.
✅ Reduces Fraud Risk: Protects users from UPI scams and fake requests.
✅ More Transparency: Increases user trust in digital payment platforms.
✅ Enhanced User Experience: Makes the entire transaction process more secure and stress-free.

📅 When Will It Be Implemented?

• Rollout Date: June 30, 2025

• Mandatory for All UPI Platforms: All apps must update their interface to reflect this new rule by the deadline.

❗ What If You Still Send Money to the Wrong Account?

If you mistakenly transfer funds even after the verification prompt:

Contact the recipient immediately to request a refund.

If unsuccessful, report the issue to your bank.

Reach out to NPCI’s helpline at 1800-120-1740.

Or, file a complaint online at NPCI’s official website.

The quicker you act, the higher the chances of recovering the amount.

🇮🇳 A Big Step Towards a Safer Digital India

This move by NPCI is set to be a game-changer in India’s digital payment revolution. With rising UPI usage across urban and rural regions, this rule ensures safety at every step. It not only minimizes errors but also builds public trust in digital payments—key for a Digitally Empowered India.