Bhubaneswar, April 11 -- In a move aimed at strengthening safeguards against rising cases of digital banking fraud, the Reserve Bank of India (RBI) is considering introducing a new rule that could temporarily delay high-value UPI transactions.

Under the proposed mechanism, UPI payments exceeding Ra 10,000 may be subject to a one-hour 'pause' before the funds are credited to the recipient's account. This means that while the amount will be debited from the sender's account immediately, the final transfer to the beneficiary will take place only after a waiting period of approximately one hour.

The proposed delay is designed to give users a crucial window to review their transactions. In case of suspicion, error, or potential fraud, custom...