UPI down across India; NPCI says ‘currently facing intermittent technical issues’
According to the outage tracking platform Down Detector, there were 2,358 complaints by 1 pm.
According to the outage tracking platform Down Detector, there were 2,358 complaints by 1 pm.
As of now, the National Payments Corporation of India (NPCI), which operates UPI, hasn’t issued an official statement regarding the outage.
The digital payment transactions (including UPI) surged with over 18,120 crore transactions in 2024-25 (till January this year), with transaction value crossing Rs 2,330 lakh crore, the government
Digital payment platform Google Pay has started imposing a convenience fee on bill payments made with credit and debit cards.
The Securities and Exchange Board of India (Sebi) is set to come out with a new mechanism to ensure secure and efficient payments in the securities market through Unified Payments Interface (UPI).
Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India's Unified Payment Interface (UPI) in the Maldives.
Similarly, the value of transactions grew by 40 per cent, increasing from Rs 83.16 lakh crore to Rs 116.63 lakh crore in the first six months this year.
In terms of the value of payment transactions, the market is expected to more than double, from Rs 265 trillion to Rs 593 trillion over the same period, it said.
Notably, the pilot for ULI was launched last year by RBI to enable frictionless credit, and based on the experience of the pilot, RBI has decided to launch ULI nationwide.
This will enable UPI payment acceptance in Qatar through the QNB merchant network, benefiting Indian travellers visiting and transiting through the country.