Tuesday, July 23, 2024
Outlook India
Outlook Business

UPI Payments Hit Due To Glitch In Some Banks' Systems: NPCI

National Payments Corporation of India shared the information on social media platform X saying its systems are working fine and the entity is working with these banks to ensure quick resolution

UPI Payments Hit Due To Glitch In Some Banks' Systems: NPCI

Outlook Start-Up Desk

POSTED ON February 07, 2024 10:46 AM

Digital payments through the popular UPI platform were impacted on Tuesday evening because of some banks' systems facing a glitch, the National Payments Corporation of India said. 

"Regret inconvenience on UPI connectivity as few of the banks are having some internal technical issues," the NPCI said on X. 

NPCI added that its systems are "working fine" and it is working with the impacted banks to ensure quick resolution. 

It, however, did not name the banks whose customers have been impacted. 

Largest private sector lender HDFC Bank admitted its customers were among those impacted. 

In response to some customers, HDFC Bank said it faced "some difficulties on UPI which seems to be part of a larger ecosystem", but was quick to add that it is now back in operations. 

  • Related Articles

    BharatPe has issued a statement saying the Registrar of Companies has asked for the information and the fintech is cooperating with the authority.

    Government Issues Notice To BharatPe, Seeks Information About Ashneer Grover

    HDFC Bank's country head for payments Parag Rao, while replying to a question on Paytm, indicated that talks in going on to help the distressed fintech.

    HDFC Bank Talking To Paytm; Waiting And Watching As Events Unfold: Executive

    ED and FIU are already probing matters related to the payment gateway under provisions of the anti-money laundering law. 

    FIU, ED Seek Report From RBI On Paytm