This move is part of efforts to ensure the integrity and security of the UPI ecosystem, which has seen tremendous growth in recent years.
If you are using any such UPI app which uses special characters in ... They include punctuation marks, accent marks, and other symbols like #, @, $, or *. As per RBI’s payment system report ...
The National Payments Corporation of India (NPCI) has rolled out a new policy enforcing stricter standards for UPI transaction IDs.
From February 1, 2025, special characters will no longer be allowed in UPI transaction IDs, as per NPCI’s new security rule.