Thursday, November 21

Tag: UPI Compliance

Cracking the Code: NPCI’s UPI Guidelines (2024) Demystified
Fintech, Payments

Cracking the Code: NPCI’s UPI Guidelines (2024) Demystified

Here is the brief summary of the  of NPCI Circular on UPI Standardisation guidelines: The National Payment Corporation of India (NPCI) has issued guidelines to enhance the uniformity and branding of UPI (Unified Payments Interface) transactions across various platforms. Whether you’re a UPI app, an online merchant, or an offline merchant, compliance with these standards is crucial. Let’s break down the key points: For UPI Apps and Their Banks (PSP Banks): Display UPI ID: Ensure that the UPI ID is prominently visible on both the app home page and the payment home page. “Powered by UPI” Logo: Use the official “Powered by UPI” logo consistently across all app pages that access the UPI platform. Clear Messaging: Include text such as “Send Money to any UPI A...