Prime Highlights: 

India’s National Payments Corporation has rolled out new rules for Unified Payments Interface (UPI) starting April 1, 2025. 

These rules aim to make transactions safer, include more people financially, and make digital payments smoother across India. 

Key Facts: 

The new rules bring in tougher security checks to cut down on fraud. 

They’ve also upped the transaction limits, so higher amounts can be moved for both folks and companies. 

And—they’re pushing to get UPI on basic phones to reach more people. 

Key Background: 

The Unified Payments Interface (UPI), created by India’s National Payments Corporation, changed the game by letting money zip between bank accounts through mobiles. Since it started, UPI’s gotten huge, turning into a top pick for digital payments here. 

To keep UPI top-notch, new rules kick in April 2025. Big on the list? Better security. With tighter security checks, they’re looking to stop scams and make users feel safer about digital money moves. 

Also, those transaction limits? They’ve changed them to let both individuals and businesses move bigger bucks. This should help UPI get used even more, from buying day-to-day stuff to handling big business deals. 

Another cool thing? They’re really pushing for financial inclusion. By getting UPI onto basic phones, they’re opening up digital payments to folks without smartphones. It’s about closing the tech gap so more people can tap into UPI’s perks. 

The rollout of these rules ties into the government’s push for a digital-first economy. By tweaking UPI, the goal is to craft a safer, more open, and slicker digital payment world. It’s good to keep up with these changes—stay in the loop to keep your digital transactions smooth.