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FinTech

UPI Suffers Second Outage In A Week


SUMMARY

The NPCI confirmed the outage and attributed the issues to “increased latency” in the UPI network

As per DownDetector, the outage peaked around 7:24 PM, when more than 534 reports poured in of issues with the payments infrastructure

Last week, the digital payments service went offline for some users across the country, which the NPCI attributed to the outage to “intermittent technical issues”

In the second major outage in less than a week, Unified Payments Interface (UPI) went down for several users across…



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