HOW TO SOLVE UPI TRANSFER FAILED PROBLEM
Do you have a State Bank of India-SBI account? Do you often transfer money? Do you transact through UPI? There is no faster transaction than UPI to send money to anyone. If you are an SBI customer, use the Yono Lite SBI UPI App. The transfer can be done faster by this method. A transaction of up to Rs.10,000 and up to Rs.25,000 per day can be transacted. The use of the UPI payment method for transferring money and paying bills has increased significantly recently. Beneficiary details do not need to be registered to send money through UPI. That is why they rely heavily on UPI payments for transactions.
However, when transferring money, it is common for the transaction to fail in UPI transactions. All customers have similar experiences. Funds will be debited to the account even if the transaction fails. In such a case it is common for customers to get confused. Will the money come back? When do you get into the account? What do I need to do to get the money into the account? There are doubts. However, it cannot be canceled once you start the payment. If the network is down, the transaction will fail even if the server is down.
When your UPI transaction fails, the money is usually withdrawn immediately through real-time reversal. The money will be credited to the account within a few hours. Or it may take a day or two. However, if your money is not returned, you will have to comply with the bank. SBI Yono Lite app users can comply with the app itself. You can go into the payment history and click on raise dispute and get compliant. You can then check your compliant status in the Dispute Status section.
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