Need More Information - write to us at assist@bsmail.
A string of outages in the Unified Payments Interface (UPI) has brought the real-time payment system developer National Payments Corporation of India (NPCI) and member banks together in search of a lasting solution to the repeated glitches.
The NPCI is likely to come up with a monitoring mechanism to track transaction status API (application programming interface) calls, in consultation with major payment service provider (PSP) banks, to prevent any misuse within the ecosystem, according to people aware of the matter.
The story "UPI outages: NPCI, banks working on durable solution to plug gaps" has 96 words across 4 sentences, which will take approximately 1 minutes for the average person to read.
Which news outlet covered this story?
The story "UPI outages: NPCI, banks working on durable solution to plug gaps" was covered 4 days ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 151 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
