On Thursday, the Reserve Bank of India (RBI) released a discussion paper outlining four options to enhance security in digital transactions, particularly targeting fraud which has escalated to ₹22,930 crore in 2025. The primary proposal suggests implementing a one-hour lag for transactions above ₹10,000, allowing customers to cancel suspicious transactions before they are executed. This measure addresses the high rate of fraud linked to Authorised Push Payment (APP) scams, where fraudsters manipulate victims into making transfers. The RBI's paper highlights that such transactions account for 98.5% of total fraud value. Other proposals include requiring individuals aged 70 and above to nominate a trusted person for high-value transactions, capping annual credits at ₹25 lakh for small accounts, and introducing a 'kill switch' for digital payment channels. The RBI aims to induce a lag in certain transactions to protect customers while acknowledging the potential confusion this may cause among users. Stakeholders have until May 8 to provide feedback, after which the RBI may draft guidelines based on the responses.