🔥Why is payment failing all over India today? UPI is not working #upifailure #mdclasses #payment
🔥The main reasons why payments are failing across India today are: 🔥
👉Technical glitch: The National Payments Corporation of India (NPCI) itself has admitted that their system is experiencing "internal technical issues" due to which some UPI transactions are failing. They are working to resolve this issue.
👉👉Load on servers: This is the third consecutive major UPI outage that has happened in the last few weeks. These frequent problems have raised suspicions that the infrastructure of the UPI system is under excessive load, especially during peak hours.
Problems from the banks' side: Some users are getting the message that "the network of the recipient bank is down." This suggests that the servers of some banks are also not responding, causing transactions to fail.
👉Network issues: Some reports also suggest that transactions are being delayed or failing due to latency in the network.