Friday, 18 April, 2025

NPCI Plans to Let Users Save UPI IDs at Merchant Checkouts

The National Payments Corporation of India (NPCI) is developing a feature called "UPI Meta" that would allow users to save their preferred UPI IDs on merchant websites, streamlining the checkout process by eliminating the need to select a UPI app or enter details for each transaction. This initiative aims to enhance user convenience and improve transaction success rates. However, industry insiders express concerns that this could favor dominant UPI apps like PhonePe and Google Pay.