NPCI Implements New Rules for UPI Transaction ID from February 1, 2025

Current Context: Starting February 1, 2025, the National Payments Corporation of India (NPCI) implemented new rules for UPI transaction IDs.

• Here are the key points:
• Alphanumeric IDs: Transaction IDs must now be strictly alphanumeric (i.e., only letters and numbers). Special characters like @, #, and ! are no longer allowed.
• Enhanced Security: This change aims to enhance security by reducing potential vulnerabilities associated with special characters.
• Improved Compliance: The new rules ensure better compliance with international standards and regulatory requirements.
• Uniformity: Standardizing transaction IDs will simplify processes for both users and financial institutions.

Question:

1 Starting from February 1, 2025, UPI transaction IDs must be:

• A) Only numeric
• B) Only alphabetic
• C) Alphanumeric (letters and numbers)
• D) Alphanumeric with special characters

Answer: C) Under the new NPCI rules, UPI transaction IDs must be strictly alphanumeric, meaning they should consist of only letters and numbers.