UPI Payment
The rules are going to change from April 1 for those who do UPI through Google Pay, PhonePe, Paytm. Recently, the National Payment Corporation of India (NPCI) has directed to remove the mobile number linked to UPI from the bank account, which are not active for a long time. If your bank account is also linked to a mobile number that is not active, then it will be removed. After this, you may have difficulty in making UPI payment.
Because of this decision taken
NPCI has taken this decision in view of the increasing cyber crime cases happening on the day. The National Payment Corporation says that the mobile number which is no longer used is not active, is causing technical problems in banking and UPI systems. If telecom operators have released these numbers in the name of someone else, it may increase the risk of fraud. The government’s job is to protect people and save them from fraud.
For UPI payment, it is very important to link mobile number to a bank account. While making UPI payment, mobile number is a means of identity. This means that whenever you make a payment, the mobile number ensures whether the right person is getting the money or not. If no number is active and has been allotted to someone else, then the payment is likely to fail or there will be a possibility of reaching the other person’s account.
What to do?
If such a mobile number has been linked in any of your bank accounts, which are no longer active or you have not recharged it for a long time, then you have to confirm your telecom service providers (Jio, Airtel, VI, BSNL) whether this number is active in your name or not. If the number is not active, then you should activate immediately or change the mobile number of your bank account.
NPCI has recently instructed banks and UPI apps to update the list of deleted mobile numbers every week. This will ensure that inactive mobile number has been removed from the banking system after 1 April.
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