How Would Sebi's Validated UPI Handles Make Digital Payments Safer for Investors?

How would Sebi's validated UPI handles make digital payments safer for investors?

UPI payments: Validated handles (@valid) are introduced as an additional payment option for investors. This compliments existing payment modes, allowing investors the flexibility to continue using the method they are most comfortable with.

SEBI launches Validated UPI Handles and SEBI Check for secure investor payments

SEBI has also introduced SEBI Check, a digital verification tool that allows investors to independently confirm the bank account details and UPI IDs of registered intermediaries.

Sebi launches validated UPI handles, 'SEBI Check' to curb payment fraud

Sebi launches validated UPI handles, 'SEBI Check' to curb payment fraud

SEBI Launches Validated UPI Handles and SEBI Check to Combat Payment Fraud

The Securities and Exchange Board of India (SEBI) has introduced two new security measures aimed at protecting investors from payment fraud in capital markets: validated UPI handles and a verification tool called SEBI Check. The initiative builds upon SEBI’s recent security measures, including the mandatory ‘1600’ phone series for financial services. The validated UPI handles system enables brokers and intermediaries to register their payment id…

To curb fraud, SEBI launches validated UPI handle ‘SEBI Check’: Know the details

New Delhi: The Securities and Exchange Board of India (SEBI) on Wednesday, October 1, introduced two new measures viz ‘validated UPI handles’ and ‘SEBI Check’. These measures are aimed at enhancing payment security for investors and curb fund diversion by unregistered entities. SEBI Check and @valid UPI handles These initiatives are developed with the National Payments Corporation of India (NPCI), the facility assigns a unique ‘@valid’ UPI handl…