INDIA P2P PROCESSING WEEKLY · 28 September

The main INDIA P2P PROCESSING news of the week 👇

1️⃣ The crackdown on mule accounts is intensifying. Following the introduction of the new RBI rules, enforcement measures have become more active. In Uttar Pradesh, thanks to a “first hour” response strategy, 34% of funds linked to cyber fraud were frozen in September. The Indore Crime Branch also made arrests in a case involving an interstate mule-account network. The takeaway is simple: when using working or rented accounts, transparent fund flows and a clean transaction history are especially important, otherwise there is a risk of account blocking.

2️⃣ The 30% UPI market-share cap is approaching. PhonePe and Google Pay still control more than 85% of the UPI market. The deadline for implementing the 30% cap is 31 December 2026. After this date, apps whose market share exceeds 30% will have to stop onboarding new customers. This could potentially have a significant impact on the UPI market; there are around 3 months left until the deadline.

Hinglish

🗓 INDIA P2P PROCESSING WEEKLY · 28 September – 4 October

India P2P Processing ki is hafte ki main news 👇

1️⃣ Mule accounts par crackdown aur tez ho gaya hai. RBI ke naye rules ke baad monitoring aur enforcement aur strict ho gaya hai. Uttar Pradesh mein “first-hour response” strategy ki madad se September mein cyber-fraud se jude 34% funds freeze kiye gaye. Indore Crime Branch ne bhi ek multi-state mule-account racket mein arrests kiye hain. Seedhi baat hai: working ya rented accounts use karte waqt transparent fund flow aur clean transaction history bahut zaroori hai, warna account freeze hone ka risk hai.

2️⃣ UPI ka 30% market-share cap kareeb aa raha hai. PhonePe aur Google Pay abhi bhi UPI market ka 85%+ control karte hain. 30% cap ki deadline 31 December 2026 hai. Iske baad jo apps 30% se zyada market share par honge, unhe naye customers ko onboard karna rokna padega. Isse UPI market mein kaafi changes aa sakte hain; deadline mein ab lagbhag 3 mahine baaki hain.