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The Economic Times

Economy / The Economic Times

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UPI cleanup drive: Govt asks banks, NPCI to curb failures, boost success rates

With the digital payment landscape in India experiencing rapid growth, there is a growing call for banks to partner with the National Payments Corporation of India to address the rising number of unsuccessful Unified Payments Interface transactions. This collaboration aims to fortify user trust in the system as smaller banks struggle with increased errors and transaction failures.

30 Mar 2026 6:00 am