in

UPI users may not be able to do transactions between 1 AM to 3 AM for next few days

UPI users may not be able to do transactions between 1 AM to 3 AM for next few days
Image Source - Google | Image by hindustantimes

New Delhi: The National Payment Corporation of India (NPCI) has announced that its Unified Payments Interface (UPI) may not operate optimally between 1 AM and 3 AM for the next couple of days.

The NPCI, through a tweet, notified the users that its UPI platform would be under an up-gradation process for the next few days. “To create a better architecture for the growth of UPI transactions, the UPI platform will be under an upgradation process for next few days from 1 AM – 3 AM,” NPCI tweeted.

It also urged users to avoid generating transactions during the specified period and schedule their transactions ahead of that time to prevent obstacle. It may be noted that primary digital payments platforms like Google Pay, PhonePe prefer to operate on the UPI system.

NPCI runs the Unified Payments Interface (UPI) utilized for real-time payments between peers or merchants’ end while generating purchases.

On its website, the NPCI has forewarned about the cyber threats, which are regulated and mitigated by the Information Security team by “leveraging technologies appropriately deployed which are used by constantly trained professionals using well-developed procedures adopted from various industry best practices and guidelines.”

It moreover points out that the NPCI has deployed numerous technologies to raise its security stance, leveraging a multi-layered defence strategy to confront unfolding cyber threats.

Currently, 165 banks are listed on the BHIM UPI platform. As of October 2020, the NPCI recorded 155.14 million Android users and 2.94 million users on iOS.

What do you think?

164289 points
Upvote Downvote

Written by Ritik Gupta

His name is Ritik Gupta; currently pursuing law. He has always kept pride as his everything. He deems writing as not like any other hobby but a reflection of one’s intellectuality. He likes to research on the parasitic problems and then lay them down in such a means that can be of assistance to the society. He just not studies law but treats it a controversial weapon to defeat the wrong.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0
Health and R and D related spending expected to see a boost in budget 2021 Economists at YES Bank

Health and R&D related spending expected to see a boost in budget 2021: Economists at YES Bank

Will there be a relief for the middle class in Union budget 2021

Will there be a relief for the middle class in Union budget 2021?