Effective October 1, 2025, SEBI will require intermediaries to use validated '@valid' UPI IDs to enhance payment security and reduce instances of fraud. This measure aims to bolster investor protections in financial transactions.
New UPI Handle Requirement for Intermediaries
By requiring intermediaries to adopt validated UPI handles, SEBI aims to establish a more robust verification process that safeguards investors during electronic fund transfers. The focus on validated handles is anticipated to enhance transparency and accountability in payment systems.
Practitioners advising financial entities will need to ensure compliance with this new requirement by adjusting payment processing protocols. It provides an opportunity for firms to evaluate their existing payment infrastructure and implement necessary upgrades to align with regulatory expectations.
Citations
- SEBI Circular (2026) SEBI Home Page

