Exciting UPI updates in 2024: Here are 5 new key features you will benefit from
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UPI updates in 2024: As we step into the new year, it's important to be aware of some fresh updates to the Unified Payments Interface (UPI), India's fastest-growing payment method. The Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have collaboratively crafted these regulations, which aim to enhance your online banking and payment experiences. it's crucial to acquaint yourself with five rule updates set to elevate your online banking and payment experiences.Effective from January 1, 2024, here are five key UPI updates you should keep in mind.1. Dynamic UPI IDs: The NPCI is taking a proactive step by directing payment apps to deactivate dormant UPI IDs after one year. Whether you're a user of Google Pay or PhonePe, ensuring the activity of your U...