SEBI (Securities and Exchange Board of India), the organization that regulates the Indian stock market, has announced a new way to make online payments safer for investors.
From October 1, 2025, all SEBI-registered companies that collect money from investors must use a new UPI (Unified Payments Interface) system. This step is being taken to stop fake companies from tricking investors with fake payment links and IDs.
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Over the years, many unregistered and fake companies have misused UPI payments to cheat people. To fix this, SEBI has introduced a verified payment structure that makes sure money goes to trusted sources only.
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To help investors check if a UPI ID is real or fake, SEBI is also launching a new tool called “SEBI Check.” With this tool, investors can:
- Scan a QR code or enter a UPI ID manually
- Verify bank details like account number and IFSC code
This will help investors make sure they are paying only to SEBI-registered intermediaries. SEBI chairman Tuhin Kanta Pandey said that this system will improve the security and ease of online transactions in the stock market.
Earlier this year, SEBI also asked for public feedback on this idea through a consultation paper.
