The Reserve Bank of India (RBI) has proposed a new security measure that could introduce a mandatory one-hour delay for UPI and IMPS fund transfers above ₹10,000, aimed at reducing rising digital payment fraud in India. What the RBI Proposal Says In its recently released discussion paper, the RBI suggested that: This means regular shopping … Continue reading RBI Proposes 1-Hour Delay for UPI, IMPS Transfers Above ₹10,000