NPCI Brings In Additional Measures To Curb UPI Outage

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SUMMARY

The National Payments Corporation of India has rolled out guidelines on 10 application programming interfaces to streamline UPI payments and curb outages

Earlier, the retail payment body had asked the PSP banks that the first ‘check transaction status’ API should only be initiated 90 seconds after the original transaction took place

The guideline comes a month after 2,387 users faced issues with payment service providers platforms to make instant digital payments

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NPCI Brings In Additional Measures To Curb UPI Outage


SUMMARY

The National Payments Corporation of India has rolled out guidelines on 10 application programming interfaces to streamline UPI payments and curb outages

Earlier, the retail payment body had asked the PSP banks that the first ‘check transaction status’ API should only be initiated 90 seconds after the original transaction took place

The guideline comes a month after 2,387 users faced issues with payment service providers platforms to make instant digital payments

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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