RBI Proposes New Digital Payment Fraud Safeguards

On 9th April 2026, the Reserve Bank of India (RBI) issued a discussion paper proposing enhanced safeguards in digital payments, aimed at mitigating fraud risks, particularly in Authorised Push Payment (APP) transactions.

Why Did RBI Propose Introducing New Safeguards?

  • Surge in "Authorised Push-Payment" (APP) Frauds: Digital transactions (including UPI, IMPS, and card payments) have grown 38-fold in the last decade.
    • APP frauds have increased, with scammers manipulating victims into voluntarily transferring money, often in real-time.
  • Vulnerability of Digital Public Infrastructure (DPI): India leads the world in real-time digital payments, accounting for nearly 49% of global transactions.

Key Proposed Safeguards

One-Hour ....

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