NPCI May Extend UPI Pull Payments Deadline Amid Fraud Concerns and Industry Requests
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NPCI May Extend UPI Pull Payments Deadline Amid Fraud Concerns and Industry Requests

The National Payments Corporation of India (NPCI) is considering extending the deadline for disabling the 'pull payments' feature on UPI, which allows users or merchants to request funds. This feature has been flagged for potential misuse by fraudsters. While major payment apps have ceased P2P pull transactions, some merchants still utilize it. The extension aims to facilitate a smoother transition for these merchants to alternative methods like QR codes and address concerns regarding EMI and loan repayments.

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