UPI transactions not working, netizens claim several bank servers down
Many bank servers across the country were reported to have experienced outage, which impacted Unified Payments Interface (UPI) transactions.
Source: dnaindia.com
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UPI payment failed: 2-minute instant refunds via this app, new feature rolled out
The solution by Razorpay POS will provide instant refunds for failed UPI transactions within two minutes, as against the industry benchmark of 5-6 business days, said the company.
Source: dnaindia.com
Google Pay India, NPCI International Join Forces for Expansion of UPI Beyond Borders
These objectives are poised to accelerate UPI's global acceptance, allowing foreign merchants’ access to Indian customers who will no longer be restricted to foreign currency, credit cards, or forex cards for digital payments
Source: news18.com
UPI Transaction Limit Raised For Health, Educational Units; New Rules On E-Mandates for Recurring Payments
RBI decides to raise the UPI transaction limit for payments to healthcare and educational facilities to Rs 5 lakh, from the current Rs 1 lakh
Source: news18.com
UPI Transaction Limit To Hospitals Education Institutes Raised To Rs 5 Lakh - BW Businessworld
India has emerged as one of the fastest-growing ecosystems for fintech innovation and the government and the central bank have been instrumental in driving the globalisation of India's digital payment infrastructure, , UPI Transaction, hospitals, Education Institutes
Source: businessworld.in