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Pratham

Currently learning c... • 27d

No More Nicknames in UPI 💰 What Happened As per the announcement by National Payments Corporation of India (NPCI), by June 30, 2025, every UPI app in India must show only the official bank-verified name of the person or business you're paying — not their nickname, shop name, or some emoji-laced alias. This new rule applies to person-to-person (P2P) and person-to-merchant (P2M) payments. Basically, if you're sending money on UPI, the name you see has to be fetched directly from the bank’s Core Banking System (CBS) through NPCI’s “Validate Address API.” Why? Because right now, many apps let users change how their name appears — which fraudsters love. Imagine sending ₹2,000 to “Zara Official” and later finding out it was some dude named Zubair in Delhi with a Zara-looking QR code. From now on, UPI apps must shut off all features that allow you to edit the recipient's name. No more fancy labels. Just verified names, straight from the bank.

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