The National Payments Corporation of India (NPCI) is currently underway to introduce a real-time dispute resolution system for failed unified payments interface (UPI) transactions. The payments body ...

Digital transactions have transformed the way we handle money — from shopping and paying bills to transferring funds instantly. With internet banking, UPI, and mobile wallets, online payments have ...

As India is close to crossing 2 Bn unified payments interface (UPI) transactions, the surge in failed transactions has become a worry for India’s top banks. According to the data shared by the ...

I am sure many of us have had that sinking feeling when we are at the ATM and slot in our cards, only to be met with an “unable to dispense cash” after setting up a debit transaction. To worsen this ...

The surge in UPI transaction volumes has also brought challenges into sharper focus. Alongside record usage, consumer complaints related to failed transactions, delayed confirmations and refunds have ...