Shoppers distressed as UPI payments fail on eve of New yeartext_fields
New Delhi: Due to high web traffic on New Year's Eve, UPI-based payments failed, leaving thousands of shoppers stranded.
On New Year's Eve, people utilising UPI-based services had issues sending and receiving money.
A number of individuals who use the microblogging service Twitter reported the issue.
While one user asked, "Is it only me facing UPI payment errors?", another said, "UPI payments down....last 1 hour not working."
According to downdetector.com, a website that monitors online outages, 53 per cent of people reported the issue with their UPI application, 37 per cent complained of issues during payments and 11 per cent reported that they faced trouble with funds transfer, IANS reported.
However, now, UPI payments are back in action after initial hiccups.
A unified Payments Interface (UPI) is a payment system developed by the National Payments Corporation of India. It is a way to transfer funds instantly in real time.