Particle.news
Download on the App Store
19 ARTICLES
·
4d ago

NPCI Implements UPI Usage Caps and Transparency Rules on August 1

Usage caps on balance checks, linked-account views and status queries alongside mandatory recipient-name display with instant balance updates bolster UPI stability

upi outage
These new rules are being introduced to reduce pressure on the UPI apps during peak hours of usage.
Image
Image

Overview

  • Daily limits now restrict users to 50 balance inquiries, 25 linked-account views and three transaction-status checks per app with a 90-second interval
  • Scheduled autopay mandates will run only during off-peak windows—before 10 AM, between 1 PM and 5 PM and after 9:30 PM—with capped retry attempts
  • All UPI apps must show the payee’s registered name before confirmation and display updated account balances immediately after every transfer
  • Banks and payment service providers faced a July 31 compliance deadline under NPCI’s May 21 circular or risk API throttling, fines and suspension of new user onboarding
  • Industry sources say NPCI is exploring biometric authentication to replace PINs in future UPI transactions, pending regulatory approval