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Fraudsters will mourn the end of UPI payment requests
Mint New Delhi
|October 09, 2025
The National Payments Corporation of India (NPCI) has phased out a major feature of the Unified Payments Interface (UPI) that has long made peer-to-peer (P2P) transactions both convenient and risky. From 1 October, the "collect request" option for P2P transactions has been withdrawn. This is a decisive step to combat a surge in financial fraud within India's digital payments ecosystem.
UPI has revolutionized the way Indians transfer money, making payments instant, secure and cashless. Yet, the "collect request" or "pull transaction" option, which would let a UPI user request money from another user, proved to be a double-edged sword. Unlike conventional 'push' transactions, where the payer initiates and authorizes a bank transfer, 'pull' transactions require the recipient to send a request and the payer to approve it via a UPI PIN code. The feature had promised UPI users convenience, but it also opened the door to exploitation by fraudsters who prey on human psychology, trust and digital inexperience.
This story is from the October 09, 2025 edition of Mint New Delhi.
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