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FinTech

Amid Rising UPI Outages, FM Calls For Plugging Infra Gaps


SUMMARY

FM Sitharaman directed all stakeholders to work collaboratively to address infrastructure gaps, enhance the end-user experience and cybersecurity architecture

Sitharaman also underscored the target of achieving 100 Cr UPI transactions per day in the next two to three years

The FM called for accelerating the “internationalisation” of UPI via development of interoperable frameworks and expanding UPI’s global payment acceptance

Amid a growing spate of UPI outages, FM Nirmala Sitharaman today directed the National…



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