UPI down: Users say unable to send money through GPay, PhonePe, Paytm and other apps – The Times of India

UPI users reported widespread transaction failures, experiencing difficulties sending and receiving money through platforms like Paytm and Google Pay. This marks the second such outage in two weeks, with users previously reporting similar online payment issues.According to Downdetector, the outage peaked at around 7.30 pm, preventing hundreds of customers from funds transfer (52%), making payments…

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UPI down: Nationwide outage affecting payments, funds transfers – The Times of India

The Unified Payments Interface (UPI), which enables instant real-time payments, is currently experiencing disruptions. User reports indicate widespread issues with the services offered by the system, including payments and fund transfers. According to the outage tracking website Downdetector, reports of problems surged around 7:40 pm IST, with 2,750 users reporting issues. Most users reported issues…

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UPI users take note! Google Pay introduces convenience fee for these transactions – The Times of India

Introduction of platform fees for bill payments by Google Pay indicates a wider movement towards monetising UPI transactions. Google Pay, a prominent UPI (Unified Payments Interface) platform, has begun implementing a convenience fee for utility bill payments, including electricity and cooking gas bills. Previously free for low-value transactions, the service now charges between 0.5% and…

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Paytm gets warning from Sebi over old transactions with its banking unit; firm responds – Times of India

NEW DELHI: Securities and exchange board of India (Sebi) served administrative warning to Paytm over two transactions with Paytm Payments Bank conducted in the fiscal year 2021-22. Paytm on Monday said in its filing that it has strictly followed all regulatory requirements and compliance standards.The two transactions were of 3.24 billion rupees ($38.8 million) and…

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