SEBI requires covered intermediaries to use validated UPI IDs starting from October 1, 2025, as part of efforts to strengthen investor payment verification.
SEBI Mandates Validated UPI Handles for Intermediaries
The Securities and Exchange Board of India (SEBI) has mandated that all covered intermediaries utilize validated UPI IDs and QR codes for transactions starting from October 1, 2025. This initiative aims to enhance the integrity of investor payment verification processes and mitigate instances of fraud.
By incorporating these validated UPI mechanisms, SEBI is working to strengthen the overall security framework within the financial market. The introduction of such measures is expected to improve investor confidence and streamline transaction processes.
For legal professionals, ensuring that clients comply with these new payment protocols will be essential in the lead-up to the enforcement date. Awareness of financial regulations concerning payment processing will be key to advising clients regarding compliance and minimizing risks associated with regulatory violations.
Citations
- SEBI (2026) SEBI Circular
