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Digital Payments / UPI

Every RBI rule that touches Digital Payments / UPI, simplified for bankers. 0 published.

OverviewDigital payments and UPI sit under the payment and settlement systems framework, which governs operators, prepaid instruments, tokenisation, transaction limits, fraud and customer-liability rules, and interoperability. RBI continuously calibrates UPI features — credit-line on UPI, UPI-Lite, mandates and per-transaction limits — to balance convenience, safety and system resilience.
Key dataSee the numbers behind Digital Payments / UPI: RBI Penalty Tracker — monetary penalties RBI imposed on regulated entities, updated from official RBI data. Related live data: Credit & Deposit Growth.
Key termsPlain-English definitions of the terms on this page — see the full Indian banking glossary. UPI · KYC / AML · Deposit insurance (DICGC) · NEFT / RTGS · Customer liability on unauthorised transactions (zero-liability)
Part of clusterThis topic is part of the Digital Banking & Payments cluster — explore related rules, FAQs and live data across the theme.

Latest circulars in this cluster

No circulars in this section yet — the engine is processing RBI history; check back soon.

Frequently asked questions

Who regulates UPI and digital payments?

RBI authorises and supervises payment-system operators under the payment and settlement systems law, while the retail UPI rail is operated by NPCI within that regulatory perimeter.

What is card tokenisation?

Tokenisation replaces actual card numbers with device- or merchant-specific tokens so the real number is not stored by merchants, reducing fraud exposure. Its scope and rules are in the cluster entries below.

What protects customers against unauthorised digital transactions?

The limited-customer-liability framework caps a customer's loss for unauthorised electronic transactions reported within defined timelines, shifting the burden to the institution. The relevant direction is linked below.

Related topics & data

Payment & Settlement Systems

Master Direction crosswalk family for this topic.

Credit Cards

Related BankPulse topic cluster.

KYC / AML

Related BankPulse topic cluster.

Deposits / Interest Rates

Related BankPulse topic cluster.