Google Pay, Paytm Or Phone Pe Upi account may be closed at midnight today!

UPI  deactivation: The National Payments Corporation of India is going to implement the new UPI payment rules from 12 noon on December 31. Your UPI ID may become inactive on January 1. As a result of this step, the corporation feels that customers can be protected from fraud.New Delhi: The National Payments Corporation of India is going to implement the new UPI payment rules from 12 noon on December 31. The Payments Commission has directed payment apps to deactivate UPI IDs that have been inactive for more than a year. That is, if you have not made any transaction using your UPI ID in the last one year, then your UPI ID will become inactive from January 1. As a result of this step, the corporation feels that customers can be protected from fraud.

In the NCPI circular, third party application providers and payment service providers banks have been directed to identify the UPI ID, corresponding UPI number and phone number of customers who have not made any transactions through the UPI app for one year. Inward credit transactions cannot be made on UPI IDs and UPI numbers of such customers. That is, no one can make payments through their UPI app. These phone numbers will also be deregistered from UPI Mapper.

In fact, many times customers change the phone number associated with their UPI ID. But, at that time the old number is not disconnected from the UPI ID. As a result, anyone using that number can make payments from their UPI ID, without the knowledge of the concerned customer. This step is being taken to ensure that this does not happen. Incidentally, as per Telecom Regulatory Authority of India rules, deactivated mobile numbers can be assigned to new users 90 days after their deactivation. In this situation, if the number is linked to the bank, the new user can easily withdraw money, or transact, using that number.

So what to do UPI users? Users of Google Pay, PhonePay, Paytm or any other UPI app should ensure that their UPI ID remains unused for more than one year. All phone numbers related to UPI ID should also be checked. Ensure that no phone number is inactive for more than three months. And if the UPI ID and phone number are blocked, the respective customers need to re-register on the UPI app to link their UPI again.

Leave a Reply

Your email address will not be published. Required fields are marked *