Technical Glitches Plague Digital Transactions in India
UPI Payment Woes Multiple Users Face Failures as Bank Numerous individuals encountered difficulties while attempting transactions via platforms like Google Pay, PhonePe, and BHIM, among others.
Contents
On Tuesday evening, multiple banks and Unified Payments Interface (UPI) platforms suffered from server outages across India. Social media platforms were inundated with user complaints about failed payments on various banking apps, including those offered by HDFC Bank, Bank of Maharashtra, Kotak Mahindra Bank, and Bank of Baroda.
Reports from the outage detection site Downdetector indicated ongoing outages affecting UPI services and banks such as Kotak Mahindra Bank, HDFC Bank, State Bank of India (SBI), and others.
Several sources indicated a widespread outage affecting UPI functionality nationwide, resulting in users being unable to conduct transactions or transfer funds through Unified Payments Interface-enabled applications.
Despite numerous user complaints regarding the outage, neither the banks nor the National Payments Corporation of India (NPCI) have acknowledged the ongoing issue. No information has been provided regarding the root cause of the problem or why users are unable to make UPI payments through their bank accounts. UPI Payment Woes Multiple Users Face Failures as Bank
ALSO READ : Bitcoin and Cryptocurrency Market Update
One affected user expressed frustration on social media, stating, “Yes, this is @HDFC_Bank! Nothing is working with new-age banking. Mobile Banking, UPI, Trading Account… everything is down when you badly need it. The bank makes you frustrated at the merchant when you initiate payment through UPI. Please look into it.”
Earlier in November 2023, reports indicated that the government was considering implementing a minimum time constraint for transactions exceeding a specified amount during the initial interaction between two individuals. According to The Indian Express, based on information from government sources, the proposed strategy involved instituting a potential four-hour timeframe for the inaugural transaction between two users for digital payments, particularly those exceeding Rs 2,000.
Frequently Asked Questions (FAQs) – Technical Glitches Affecting Digital Transactions
Q: What is the current issue regarding digital transactions in India?
A: There have been reports of technical glitches affecting digital transactions across various platforms such as Google Pay, PhonePe, BHIM, and several banking apps.
Q: What caused these technical glitches?
A: The exact cause of these glitches has not been officially confirmed. However, multiple banks and Unified Payments Interface (UPI) platforms experienced server outages, leading to failed transactions and inconvenience for users.
Q: Which banks and platforms were affected?
A: Banks including HDFC Bank, Bank of Maharashtra, Kotak Mahindra Bank, and Bank of Baroda were reported to have experienced issues. Additionally, UPI services and banks like Kotak Mahindra Bank, HDFC Bank, and State Bank of India (SBI) were impacted.
Q: Are there any updates on the situation from the authorities?
A: As of now, neither the banks nor the National Payments Corporation of India (NPCI) have officially acknowledged the ongoing issues. Users are advised to stay updated through official channels for any developments.
Q: How widespread is the impact of these glitches?
A: Reports suggest a widespread impact across the country, with users facing difficulties in conducting transactions or transferring funds through Unified Payments Interface-enabled applications.
Disclaimer: UPI Payment Woes Multiple Users Face Failures as Bank
The information provided in these FAQs is based on reports and user experiences available at the time of writing. Users are advised to verify information from official sources and exercise caution while conducting digital transactions during this period of technical disruptions. The FAQ section serves as a general guide and does not guarantee resolution of individual issues related to digital transactions.
