Information Desk, Amar Ujala, New Delhi
Printed by: Kirtivardhan Mishra
Up to date Solar, 19 Jun 2022 08:14 PM IST
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There have been complaints in regards to the Unified Cost Interface (UPI) service being down throughout the nation. Individuals have made posts associated to it on social media. Customers tagging @UPI_NPCI have requested if UPI companies have stopped. In the meantime, another customers have additionally complained to banks in regards to the closure of UPI. Nonetheless, until now a press release has not been issued by the federal government and cost companies relating to this.
Customers took to Twitter to complain about non-transactions by means of main UPI apps like PhonePe, Google Pay and Paytm. Individuals confronted hassle in making funds or transferring cash. That is the third time this has occurred this yr. Earlier in April and January, UPI’s server was down. NPCI has not but issued a proper tweet or assertion relating to this.
Unified Funds Interface is a real-time cost system operated by the Nationwide Funds Company of India (NPCI). UPI at present accounts for greater than 60 % of India’s retail transactions. These cost methods deal with massive volumes of transactions. Most of that are low-value transactions. Transactions under Rs 100 account for 75 per cent of the UPI quantity.