NPCI In Talks To Take away ‘Pull Transactions’ On UPI To Cut back Digital Frauds | Economic system Information
Mumbai: In an effort to curb rising digital frauds, the Nationwide Funds Company of India (NPCI) is reportedly in early discussions with banks to get rid of ‘pull transactions’ on the Unified Funds Interface (UPI). Most frauds are occurring by the pull methodology, and NPCI is exploring the potential for eradicating this characteristic altogether to…