New Delhi: The National Payments Corporation of India (NPCI) has announced a new curb on UPI international payment which is in effect retrospectively i.e 4 April, 2025.
In a circular issued on 8 April 2025 NCPI announced that effective 4 April 2025 all QR share and pay-based international UPI transactions for Person to Merchant (P2M) payments have been disabled. According to the new guidelines, QR Share & Pay will no longer be allowed for UPI Global P2M transactions. This will ensure that payer apps can properly identify these transactions.
NCPI has laid down and reiterated THESE 5 Key Things in its circular on UPI transaction.
1. Payer PSP shall ensure P2P Intent based transactions (Initiation mode ’04’ and ’05’) shall be disallowed.
2. Payee PSP shall ensure Intent based transactions (Initiation mode ’04’ or ’05’) shall be disallowed for all ‘Offline’ non-verified merchants.
3. QR share & Pay shall have a limit of INR 2000/- for all P2P transactions (Payer PSP to ensure that UPI app to identify the same).
4. Domestic: QR share & Pay shall have a limit of INR 2000/- for all P2M (non-verified offline merchants) and Payer PSP to ensure that Payer UPI app identify the same. International: QR share & Pay shall not be allowed for all UPI Global P2M transactions and Payer PSP to ensure that Payer UPI app identify the same.
5. Wallet load, Gift/Prepaid cards (MCC 6540) shall continue to be disallowed on ‘collect’ and QR mode payments as per the extant guidelines.
NCPI has asked all stakeholders to take cognizance of the above guidelines and ensure compliance effective 30th April 2025.