Back
Gautam Das
If I play, i play to... • 7m
SEBI has proposed a unique alphanumeric UPI ID for every registered market intermediary. This measure will allow investors to verify that their payments are reaching only authorized entities. Unregistered firms, lacking this unique UPI handle, will stand out, making it easier for investors to avoid potential fraud. To further strengthen investor protection, SEBI has proposed a special verification symbol a green triangle with a thumbs-up icon that will appear when payments are made to verified intermediaries. If this symbol is absent, it will act as a red flag, warning investors about the risk of dealing with unauthorized entities.
More like this
Recommendations from Medial
Dr Sarun George Sunny
The Way I See It • 1m
The National Payments Corporation of India (NPCI) is developing UPI 3.0, an upgrade to its UPI that will enable payments through smart devices. The new system will be Internet of Things (loT) -enabled, allowing automated transactions via devices such
See More
gray man
I'm just a normal gu... • 5m
The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef
See More
Swamy Gadila
Founder of Friday AI • 1m
🚀 Should India Start Charging Fees for High-Value UPI Transactions? UPI is a world-class digital payments system — fast, free, and inclusive. But there's a hidden cost: 💸 Infra cost of ₹0.10–₹0.30 per transaction 🏦 Over ₹1,000 crore/month just t
See More
Romi Kumar
We are professional ... • 9m
🚀 We're Building the Future of Payments with Neobiz Payments At Neobiz Payments, we’re revolutionizing utility services, bill payments, UPI collection, bulk payouts, and software solutions with cutting-edge technology. Our secure and efficient pay
See More
Download the medial app to read full posts, comements and news.