NPCI has observed initiation of a high number of “Check Transaction Status” APIs by PSP banks at a very high Transactions Per Second (TPS)
This resulted in recent UPI outages across the country
NPCI has directed PSP banks to ensure appropriate usage of UPI APIs and rolled out guidelines
In view of the mega unified payments interface (UPI) outage earlier this month, the National Payments Corporation of India (NPCI) has issued a circular to PSP (Payment Service…