UPI transactions to get faster from June 16

[mmadhankumar]

The National Payments Corporation of India (NPCI), has informed in its circular, that the response time for the UPI transactions will be reduced, starting from June 16. The response time to make/request a payment has been reduced from 30 secs to 15 secs and the response time to check transaction status, reverse a transaction and to validate an address has been reduced to 10 secs.

Image Credit: NPCI

 

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