UPI payments failure News and Updates from The Economic Times

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UPI PAYMENTS FAILURE

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- CBSE refund update for Class 12 students: Here’s who may get money back after payment glitches
  CBSE refund update for Class 12 students: CBSE has announced refunds for Class 12 students who were charged extra while applying for scanne...
  24 May, 2026, 03.36 PM IST
- Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to do
  NRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
  08 May, 2026, 11.39 AM IST
- Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm app
  The RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
  27 Apr, 2026, 12.30 PM IST
- No cash on toll plazas from April 10; government moves to end ID-based exemptions
  The Ministry of Road Transport and Highways is discontinuing cash transactions at toll plazas from April 10, mandating digital payments to ...
  04 Apr, 2026, 10.03 AM IST
- Bajaj Finserv's AI push; Govt's UPI fix
  Bajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
  30 Mar, 2026, 07.42 PM IST
- UPI cleanup drive: Govt asks banks, NPCI to curb failures, boost success rates
  With the digital payment landscape in India experiencing rapid growth, there is a growing call for banks to partner with the National Payme...
  30 Mar, 2026, 06.00 AM IST
- UPI services restored after brief outage caused by bank-side technical issues says NPCI
  UPI services faced a significant nationwide disruption on Thursday due to internal technical issues at certain participating banks, as conf...
  07 Aug, 2025, 10.39 PM IST
- 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...
  16 Apr, 2025, 05.53 PM IST
- UPI faces second outage in a week, disrupting transactions
  Downdetector, a website that tracks service disruptions, said the outage reports peaked at 520 at 7:23 PM. Around 53% of the issues reporte...
  02 Apr, 2025, 09.31 PM IST
- UPI outage sparks chaos as users struggle with payments; social media erupts
  A surge in complaints was recorded on Wednesday evening, with a sharp spike of over 2,3000 complaints after 7:00 PM.
  26 Mar, 2025, 08.41 PM IST
- Disputed UPI transactions: Expect a faster resolution from February 15, as NPCI revises this rule
  UPI transactions: Ever had to put a chargeback request for disputed Unified Payment Interface (UPI) transactions? You would be happy to not...
  15 Feb, 2025, 10.51 AM IST
- 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...
  20 Nov, 2024, 12.16 AM IST
- Cashfree Payments’ UPI Switch to help small businesses reduce risk and create space for innovation
  The tool allows merchants to access new UPI versions and features as they are launched, along with improved fraud prevention capabilities.
  30 Oct, 2024, 11.38 AM IST
- UPI's own ‘On device’ digital wallet soon: Small spends won’t clutter your bank passbook
  RBI has proposed to bring an on device wallet that is aimed to unclutter the bank account from small value UPI transactions.
  08 Dec, 2021, 12.50 PM IST
- HDFC Bank reports lowest fail rate for UPI transactions
  Leading 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...
  21 Jun, 2021, 06.56 AM IST
- Eight banks suffer a higher rate of failure in digital transactions
  The failure rate is being seen as a concern in the fintech and payments sector ahead of the full-scale launch of WhatsApp Pay
  21 Nov, 2020, 10.38 AM IST
- Surging UPI failure rates worry banks
  Ten 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.
  21 Oct, 2020, 05.27 AM IST
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