Current Affairs · Banking and Digital Payments
According to the guidelines introduced by the National Payments Corporation of India (NPCI) effective from June 30, 2025, which mandate must be enforced across all UPI applications to enhance digital transaction trust?
- 1Complete phasing out of physical and digital QR codes
- 2Mandatory display of only verified bank account holder names before payment approval✓
- 3Compulsory inclusion of mobile numbers within the text of the UPI ID
- 4Mandatory OTP entry for all transaction amounts
Correct answer
Mandatory display of only verified bank account holder names before payment approval
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