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UPI Payment: Attention UPI Users! Instant help will be available in case of failure of payment, know details – News

UPI Payment Failures: Unified Payment Interface (UPI) is the most used online payment method nowadays. You can make online payment through UPI in few minutes. But, many times, many problems have to be faced in making UPI payment online. Due to this users have trouble. In such a situation, to overcome this problem, the National Payments Corporation of India (NPCI) has decided to prepare a Real Time Payment Dispute Resolution System.

Real time payment dispute resolution system will start soon
According to the report published in Hindu Business Line, NPCI will soon launch Real Time Payment Dispute Resolution System. This system will be started by September 2022. After the introduction of this system, your payment problems will be reduced by up to 90 percent.

You will get freedom from calling the bank again and again
Let us tell you that after the creation of this new system, you will not need to call the bank again and again. Along with this, there will be no need to go round the branch here and there. You will be able to get help within minutes through this system on your UPI app. Along with this, this help of yours will be done automatically in real time. With this, the problem of money stuck in UPI will be reduced by about 90 percent.

UPI usage increasing in the country
It is worth noting that the use of UPI has increased very fast in the last few years. Through UPI, you can transfer money from one bank account to another bank account in real time. Nowadays people can easily make UPI payment through various apps like Google Pay, PhonePe, Bharat Pay, Paytm etc.

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