
NPCI Plans to Remove ‘Pull Transactions’ from UPI to Curb Fraud; QR Code Payments to Be Promoted
In a significant move to enhance the security of digital payments, the National Payments Corporation of India (NPCI) is reportedly in discussions to eliminate the ‘pull transaction’ feature from the Unified Payments Interface (UPI). This decision comes in response to rising incidents of digital fraud, which have been linked to the misuse of this feature….