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UPI Faced Connectivity Issues Due To Technical Problems With Banks: NPCI

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SUMMARY

This follows a major UPI that impacted digital payments across the country and left users unable to avail instant payments

This is the fourth major UPI outage this year, following one such disruption in March and two similar incidents in April

In July, UPI clocked a record 1,947 Cr transactions worth INR 25.14 Lakh Cr compared to 1,839 Cr transactions totalling INR 24.03 Lakh Cr in June

The National Payments Corporation of India (NPCI) said UPI faced intermittent…

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