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UPI Outage: NPCI Banks To Limit ‘Check Transaction’ API Usage; Issues 9-Point Guidelines

New Delhi: Fresh on the heels of mega unified payments interface (UPI) outage earlier this month that left millions of users stranded, the National Payments Corporation of India (NPCI) has issued a ...
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These UPI transactions will face restrictions from August 1, as NPCI introduces new API rules

In a recent circular, the National Payments Corporation of India (NPCI) has directed all banks and PSPs (Payment Service Providers) like Paytm, PhonePe, etc., to moderate and regulate the use of 10 ...