UPI Faces Major Outage Across India, Thousands Affected
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UPI services suffered a major outage across India, affecting Google Pay, PhonePe, Paytm, and others. Over 2,000 complaints were logged, with 80% reporting payment failures. Major banks like SBI, HDFC, and Kotak were impacted. This is the fourth such disruption in 2024, despite UPI handling 65% of India’s digital transactions, mostly small to mid-value.