RBI governor Shaktinata Das mentioned that downtime in the UPI payment system is primarily due to weak technology on the banks' side rather than issues from NPCI. The volume of UPI transactions per day exceeds 450 million, with several instances of downtime reported in May 2024. The central bank has been working to reduce downtime instances to less than 1%.
from Banking/Finance-Industry-Economic Times https://ift.tt/oA1iIsv
via IFTTT
No comments:
Post a Comment