%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(7).png "SEBI Unveils ‘Valid’ UPI Safeguard and ‘SEBI Check’ Verification Tool")
Key Highlights
a) @valid
b) @upi
c) @sebi
d) @safe
Answer: a) All UPI IDs used by SEBI-registered intermediaries must now carry the suffix ‘@valid’ for easier verification and fraud prevention.
- Validated UPI Handles: SEBI-registered intermediaries must use structured UPI IDs with a ‘@valid’ suffix, ensuring authenticity.
- SEBI Check Tool: A digital verification system allowing investors to confirm UPI IDs, bank details, and IFSC codes before transactions.
- Launch Date: Both initiatives will go live on October 1, 2025, covering 9,000+ SEBI-registered intermediaries.
- Fraud Prevention: Designed to curb impersonation scams and unauthorized fund collection, enhancing investor confidence.
- Visual Authentication: Verified UPI handles will display a green triangle with a thumbs-up icon for easy identification.
Question:
Q.1 What is the suffix that must be used in UPI handles of SEBI-registered intermediaries as per the new rule?a) @valid
b) @upi
c) @sebi
d) @safe
Answer: a) All UPI IDs used by SEBI-registered intermediaries must now carry the suffix ‘@valid’ for easier verification and fraud prevention.
