https://www.taxtmi.com/highlights?id=89350 SEBI mandates standardized, validated UPI IDs for payment collection by registered market intermediaries, establishing a structured mechanism to enhance payment security and investor protection. The circular introduces a unique "@valid" UPI handle format for intermediaries, requiring them to obtain exclusive payment identifiers through designated self-certified syndicate banks. Intermediaries must generate standardized UPI IDs with specific username suffixes representing their market segment, implement a verification mechanism through "SEBI Check" functionality, and create investor awareness about the new payment system. The new UPI ID framework will be operational from October 01, 2025, with mandatory implementation timelines for market in..... en-us Thu, 12 Jun 2025 18:20:03 +0530 Thu, 12 Jun 2025 18:20:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=89350 SEBI mandates standardized, validated UPI IDs for payment collection by registered market intermediaries, establishing a structured mechanism to enhance payment security and investor protection. The circular introduces a unique "@valid" UPI handle format for intermediaries, requiring them to obtain exclusive payment identifiers through designated self-certified syndicate banks. Intermediaries must generate standardized UPI IDs with specific username suffixes representing their market segment, implement a verification mechanism through "SEBI Check" functionality, and create investor awareness about the new payment system. The new UPI ID framework will be operational from October 01, 2025, with mandatory implementation timelines for market in..... Highlights SEBI Thu, 12 Jun 2025 18:20:03 +0530 https://www.taxtmi.com/highlights?id=89350