UPI New Rule Today: New rule of UPI comes into effect from today, Google Pay, PhonePe and Paytm users should know

UPI New Rule Today: Now the real name of the account holder will be visible to the customer while making payment. In such a situation, you can send money after confirmation. With this change, fraud can be curbed.

New rule of UPI payment comes into effect from today

UPI System Rule Change Today: The rules of UPI payment system have changed from today. If you also make UPI payment, then this news is very important for you. With this change, money will be saved from going to someone else’s account. That is, from now on, when you scan the QR while making payment, you will see the real name of the bank account holder, so that there will be no confusion. What used to happen before was that only the name of the merchant or the name associated with the QR code was shown to the customers. But now after this change, making UPI payment will become more safe.

In fact, in recent times it has been seen that fraudsters have found a new way to cheat by creating fake QR codes. In such a situation, many people used to become victims of fraud, but now this will not happen, because now the real name of the account holder will be visible to the customer while making payment. In such a situation, you can send money after confirmation. With this change, fraud can be curbed.

Customer confusion will be resolved

This change may have the biggest impact on businessmen and shopkeepers. Because now the name of the owner can be seen instead of the name of the shop. In such a situation, the paying customer may get confused. In this situation, both the people will have to create coordination, so that there is no confusion of any kind. The names of commercial establishments and the names of their bank accounts are different. Due to which this situation can arise.

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What will be the benefit?

The biggest advantage of this change is that we can avoid becoming victims of fraud. With this, there will be no confusion in making payment, because now only the name of the bank account holder will be visible. In such a situation, the possibility of money going to the wrong account will be negligible. That means customers will get direct benefit from this.

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