UPI: India's UPI is famous in the world, why is it crashing again and again?
UPI payment facility was first started in the country on 11 April 2016, then there was uncertainty about its future, but with time the craze of UPI increased rapidly among the common people and most people stopped keeping cash in their pockets. The increase in the trend of UPI payment is also due to the coronavirus epidemic and the coming trend of instant delivery apps like Swiggy, Zomato, and Blinkit.
With the advent of UPI, transactions have certainly become very convenient, but when you have eaten golgappas and the UPI payment gets stuck, then your breath also stops for a while. This has happened three times in the last 15 days and in all these three times UPI did not crash for 10 or 20 mianutes but was down for hours. Now the UPI payment which had made India famous in the world, due to its repeated crashes, it is natural to raise questions about it and here we are talking about it in detail.
More than 2.5 crore UPI transactions every hour
The craze of UPI in the country can be understood from the fact that 2.5 crore UPI transactions take place every hour. It is so reliable that 90 percent of the country's smartphones have some UPI app installed. In the last 15 days, many UPI apps like Paytm, GPay, and PhonePe have crashed, which has raised many questions about this service. The biggest question in this is whether we will have to start keeping cash in our pockets again.
Why is UPI service going down
The reason behind UPI transactions going down in the last 15 days is the sudden increase in the number of UPI transactions. Usually, there have been around 1600 crore UPI transactions in a month, but since March, UPI transactions have increased to more than 1800 crore. According to the Economic Times, due to IPL, UPI transactions in gaming apps have increased a lot these days. The service is going down due to an increased load on the server.
Why is the UPI service going down?
The reason behind UPI transactions going down in the last 15 days is the sudden increase in the number of UPI transactions. Usually, there have been around 1600 crore UPI transactions in a month, but since March, UPI transactions have increased to more than 1800 crore. According to the Economic Times, due to IPL, UPI transactions in gaming apps have increased a lot these days. The service is going down due to increased load on the server, which was closed for about 3-4 hours from 11:30 am. During this time, according to DownDetector, about 81% of the people facing the problem had problems making payments, 17% people had problems transferring funds and about 2% had problems making purchases.
What will happen if the UPI payment gets stuck?
When the UPI server is down, at that time many times UPI transactions start showing pending. If your payment also gets stuck like this, then there is no need to panic. Your payment will either go to the receiver's account or come back to your bank account. Usually, it gets cleared within a few minutes. It takes a maximum of 72 hours. No money can get stuck in between.
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