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RBI Plans Delay & Extra Checks on High-Value UPI Payments to Curb Rising Digital Fraud

The Reserve Bank of India is planning to introduce a delay for high-value UPI transactions, giving users a one-hour window to review or cancel payments. The move aims to curb rising digital fraud cases by adding an extra layer of security. With stricter checks and more user control, the proposal could significantly change how large digital payments are processed across India.

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