Some banks facing UPI connectivity challenge: NPCI

“Regret inconvenience on UPI connectivity as few of the banks are having some internal technical issues. NPCI systems are working fine and we are working with these banks to ensure quick resolution,” NPCI wrote on the microblogging site X (formerly Twitter).

“We experienced some difficulties on UPI which seems to be part of a larger ecosystem. We are back in operations now and regret any inconvenience faced,” HDFC Bank said on X.

UPI, the real-time payment system, powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing and merchant payments into one hood.

In value terms, UPI transactions reached a record high of Rs 1.84 lakh crore compared to Rs 1.82 lakh crore in December. In terms of volume, the number of transactions increased to 1,220.3 crore from 1,202.02 crore in December.