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UPI PAYMENTS FAILURE
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- CBSE says 40,000 students complete re-evaluation process without issues, portal open from June 2 to 6The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify scanned answer books and request re-e...
- Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
- CBSE refund update for Class 12 students: Here’s who may get money back after payment glitchesCBSE refund update for Class 12 students: CBSE has announced refunds for Class 12 students who were charged extra while applying for scanne...
- Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
- Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
- No cash on toll plazas from April 10; government moves to end ID-based exemptionsThe Ministry of Road Transport and Highways is discontinuing cash transactions at toll plazas from April 10, mandating digital payments to ...
- Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
- UPI cleanup drive: Govt asks banks, NPCI to curb failures, boost success ratesWith the digital payment landscape in India experiencing rapid growth, there is a growing call for banks to partner with the National Payme...
- UPI services restored after brief outage caused by bank-side technical issues says NPCIUPI services faced a significant nationwide disruption on Thursday due to internal technical issues at certain participating banks, as conf...
- ETtech Explainer: Why do UPI payments fail and what is NPCI doing to check these failures?Banks generally operate at 85-95% success rate on UPI with most of the transaction failures happening due to business problems. Over the la...
- UPI faces second outage in a week, disrupting transactionsDowndetector, a website that tracks service disruptions, said the outage reports peaked at 520 at 7:23 PM. Around 53% of the issues reporte...
- Disputed UPI transactions: Expect a faster resolution from February 15, as NPCI revises this ruleUPI transactions: Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to not...
- UPI payment failures due to technical issues fall below 1%Technical glitches on India's UPI platform have significantly reduced. UPI, the mobile-based payments system, has seen a sharp decline in t...
- Cashfree Payments’ UPI Switch to help small businesses reduce risk and create space for innovationThe tool allows merchants to access new UPI versions and features as they are launched, along with improved fraud prevention capabilities.
- UPI's own ‘On device’ digital wallet soon: Small spends won’t clutter your bank passbookRBI has proposed to bring an on device wallet that is aimed to unclutter the bank account from small value UPI transactions.
- HDFC Bank reports lowest fail rate for UPI transactionsLeading banks on the UPI network such as State Bank of India, Axis , ICICI and Bank of Baroda reported technical decline (TD) rates of 1.08...
- Eight banks suffer a higher rate of failure in digital transactionsThe failure rate is being seen as a concern in the fintech and payments sector ahead of the full-scale launch of WhatsApp Pay
- Surging UPI failure rates worry banksTen of the top 30 banks using the country's UPI network record failure rates of over 3% in September. Nine of these banks were state-owned.
- Google Pay edges ahead in UPI sweepstakesThe tech giant’s payment offering recorded more than 240 million transactions in May 2019. PhonePe clocked around 230 million, followed by ...
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