SEBI Plans to Change the UPI Payment System for Brokers Buying Shares

The Securities and Exchange Board of India (SEBI) is set to overhaul the current payment system, where investors pay brokers for share transactions via UPI (Unified Payments Interface). The change is aimed at improving transaction security, streamlining processes, and ensuring better transparency in the stock market.

SEBI UPI payment mechanism With the increasing share of common people in the stock market, fraud has also increased through other fake apps that look like broker's apps. Market regulator SEBI is going to bring a new system to stop this. According to the SEBI chief, this system will come into effect from October 1, 2025.

If you make payment (UPI share payment) to your stock broker through UPI (Unified Payments Interface - UPI), then its method is going to change. Actually, the market regulator is going to make payment more secure with UPI. This arrangement is being done for the same.

In recent years, unregistered entities have misled investors through fraud. They take payment from investors by showing themselves as brokers. To deal with this problem (Investor safety SEBI) and increase the confidence of investors, SEBI has made a new structure of UPI address mandatory for all registered intermediaries taking money from investors.