Millions of Indians hit “send” on UPI every day, only to watch their account get debited while the money never reaches the other side.
UPI payment failed but money debited? Here is all you need to know 💵
https://www.livemint.com/money/personal-finance/upi-payment-failed-but-money-debited-banks-must-refund-and-pay-rs-100-per-day-compensation-under-rbi-rules-11792774013883.html
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UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules | Mint
The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
3October 23, 2026 2.5K 5