UPI New Rules: February Updates Directly Impact Google Pay and Other Apps

Kokila Chokkanathan
RBI Implements Updated UPI Guidelines

New Delhi:
Starting February 2026, the Reserve bank of India (RBI) has implemented new rules for the Unified Payments Interdata-face (UPI), directly affecting apps like Google Pay, PhonePe, Paytm, and others. These changes are aimed at strengthening security, improving user experience, and regulating wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital payments.

Key Changes in UPI Rules

Transaction Limits:

Daily and per-transaction limits may be revised for certain categories of users.

Higher limits may now require additional authentication or bank verification.

Bank Mandates for UPI Apps:

UPI apps must now link transactions directly with banks for faster settlements.

Google Pay and other third-party apps need to comply with stricter reconciliation norms.

Mandatory Two-Factor Authentication:

Every UPI transaction above a threshold requires two-factor authentication, ensuring greater security.

KYC Updates:

Users with incomplete KYC may data-face restricted UPI transactions until documents are updated.

Transaction Reporting:

UPI providers are now required to report suspicious or high-value transactions to RBI for monitoring.

How This Affects google pay Users

  • Authentication Prompts: Users may see extra verification steps during high-value payments.
  • Transaction Limits: Daily or per-transaction limits may change depending on your bank and app policies.
  • KYC Verification: google pay users with incomplete KYC will need to complete it to continue using UPI services without restrictions.
  • Faster Settlements: Bank-to-bank settlements via google pay will now be more streamlined but require adherence to new RBI rules.
What Users Should Do

Update Your UPI App: Ensure you are using the latest version of google pay or other UPI apps.

Complete KYC: Submit identity and bank verification documents if not already done.

Check Transaction Limits: Be aware of daily and per-transaction limits with your bank or app.

Follow App Prompts: Complete extra authentication steps to avoid failed transactions.

Key Takeaways

  • RBI’s new UPI rules aim to enhance security, reduce fraud, and streamline payments.
  • Users may experience slight changes in transaction processes, especially on google Pay.
  • Staying updated with app versions and KYC compliance ensures seamless payments.
💡 Pro Tip: Always check your UPI app notifications after february 2026 to understand new limits or authentication requirements.

 

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.

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