New Delhi:Our lives have been genuinely made easier by the Unified Payments Interface (UPI). With a few taps, payments are made online, whether weโre shopping in a mall or filling up the car at the petrol station. But as UPI has become more and more popular, fewer and fewer individuals carry cash and frequently find themselves in awkward circumstances when UPI fails or gets stuck.
Why do UPI payments stall though? There are numerous factors that can cause UPI transactions to fail in terms of payments. Here are some tips that may assist you in making your payment if you have experienced comparable payment problems. (Also Read: Daughters Of Destiny: These Women Are Not Only Running Their Fatherโs Business But Also Revolutionizing The Game โ In Pics)
UPI Payment Daily Limit
The majority of banks and payment processors have capped the number of UPI transactions each day. Additionally, the maximum sum of money that can be sent using UPI in a single transaction is Rs. 1 lakh, per NPCI norms.
Therefore, you will need to wait 24 hours before your daily limit is renewed if you have over the daily money transfer limit or have completed roughly 10 UPI transactions. Try making a payment from a different bank account or payment method if you are in the middle of one.
Link More Than One Bank Account
Bank servers that are overloaded are one of the most frequent causes of UPI failures or payments getting stuck. Therefore, it is preferable to link multiple bank accounts to your UPI ID in order to avoid that. You can therefore start payments through your second bank account in the event that one of your bankโs servers is down.
Receiver Details
When sending money, it is strongly advised to double-check the recipientโs bankโs IFSC code and bank account number. If the sender entered the incorrect IFSC code or account number when sending the money, the transaction may also fail for the user.
UPI PIN
We have a lot of passwords to remember, including those for our phones, ATMs, emails, and more. Therefore, itโs probable that you will forget your UPI PIN. By tapping โForget UPI PINโ and following the on-screen instructions, you can reset your UPI PIN if youโve lost it. Additionally, try writing down your PIN somewhere secure if you frequently forget it.
Internet Connection
One of the main causes of UPI payments becoming stuck or failing is a network connection. In order to acquire a steady internet connection, move around a little to check for a signal or, if itโs possible, ask the sender to turn on their hotspot.
UPI Lite
One of the main causes of UPI payment failures, as we previously discussed, is slow bank servers and network problems. Therefore, UPI Lite was established by NPCI last year to assist users with that.
