Major changes likely for UPI payments; more clicks required! RBI may implement a new rule..
The experience of making UPI payments in India could soon change. In the near future, not every payment will be completed with just a single tap. To curb rising digital fraud, banks have proposed a new security feature. Under this system, if a bank's mechanism flags a UPI transaction as suspicious, the user will be asked for an additional confirmation before the payment is finalized. This proposal has been submitted to the Reserve Bank of India (RBI), which is currently considering new measures to strengthen digital payment security.
**'Yes' or 'No' option for suspicious UPI transactions**
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