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After changes in the rules related to UPI, UPI ID with special characters like #, @, $, or * will be blacklisted, which will make it mandatory for all digital payment users to update their IDs accordingly.
There is a boom to make digital payment in India. Meanwhile, APCI has taken a big decision which will affect crores of Indians. The National Payment Corporation of India (NPCI) has issued a new circular regarding UPI transactions, which will be effective from February 1, 2025.
After changes in the rules related to UPI, UPI ID with special characters like #, @, $, or * will be blacklisted, which will make it mandatory for all digital payment users to update their IDs accordingly.
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