Delhi HC Seeks UPI Fraud Prevention Framework

Delhi High Court has requested responses from the Centre, Reserve Bank of India, and National Payments Corporation of India regarding a public interest litigation aimed at establishing a comprehensive framework to prevent UPI frauds. The petition highlights growing concerns over unauthorized transactions and scams through the increasingly popular Unified Payments Interface. The court's intervention signals judicial attention to strengthening security measures and regulatory oversight in India's digital payment ecosystem. The responses from these authorities will help shape potential policy measures to protect users and reduce fraud incidents in UPI transactions. Source: ETLegalWorld.com