What should I check while making payment using UPI IDs/ QR Code?

With SEBI's new UPI ID policy rolling out, investors must stay vigilant to avoid frauds and ensure their money reaches the right destination. Before approving any payment, take a quick moment to check these key details:

1. Verify the UPI ID Format

The UPI ID should clearly display the name of the intermediary (such as your broker or mutual fund house). Just before the “@” symbol, look for the short abbreviation of their category—for example, “brk” for brokers or “dp” for depository.

A genuine Capstocks UPI IDs are:

• capstocks.brk@validhdfc / capstocks.rzp.brk@validaxis for broker
• capstocks.pms@validhdfc for Portfolio Management Service
• caps.ra@validhdfc for Research Analyst
• capstocks.dp@validhdfc for Depository Participant

2. Look for the New Handle

On the right side of the “@” sign, there must be the exclusive handle “@valid” followed by the bank name. This confirms that the payment request is from an authorized intermediary.

3. Check the Confirmation Screen

Your UPI app’s confirmation page should display a white thumbs-up icon inside a green triangle. This is a visual marker of a valid, regulated payment request.

4. Examine the QR Code

Any QR code generated by a recognized intermediary will also feature the white thumbs-up in a green triangle. The UPI ID will be printed just below the QR code for cross-checking.

Below is the QR Code, along with the UPI ID of Capstocks for each product.