RBI Proposes 1-Hour Delay for UPI Transfers

Registrationwala13 Apr, 2026Finance

The Reserve Bank of India (RBI) has proposed a one-hour delay on certain UPI and digital fund transfers to reduce rising online fraud cases. The delay may apply to high-value transactions above ₹10,000, especially person-to-person transfers, giving users time to review and cancel suspicious payments. During this cooling period, funds may be temporarily held before reaching the recipient. This proposal is part of broader security measures, including additional checks for vulnerable users, transaction monitoring, and a “kill switch” to block payments instantly. If implemented, it aims to balance convenience with enhanced protection in India’s fast-growing digital payment ecosystem.