Google Pay, PhonePe, Paytm users: NPCI stops international UPI payments via shared QR codes
National Payment Corporation of India (NPCI), which handles UPI payments in India, has implemented a new directive for international UPI payments. Starting April 30, international UPI users will not be allowed to make QR share and pay-based international UPI transactions. This directive is only applicable for Person to Merchant transactions. A circular issued on April 8 by NPCI said, "QR Share and Pay shall not be allowed for all UPI Global P2M transactions and Payer PSP to ensure that Payer UPI app identifies the same." There is no change in other types of UPI transaction limits, including domestic QR Share and Pay.
Tech