Has it ever happened to you that when you transferred money through UPI app, the amount got deducted from the bank but did not reach the other person’s account? If yes, then this information will prove useful for you. Even if this has not happened yet, you should be prepared for such a situation in future. Actually, the National Payment Corporation of India itself tells the solution for such a situation.
In the digital age, every internet user likes to transfer money through UPI.With the help of UPI apps, money is transferred in seconds. However, sometimes the payment gets stuck due to slow internet connection.
Money was deducted but not transferred to another account
Has it ever happened to you that when you transferred money using the UPI app, the amount got deducted from your bank account but did not reach the other person’s account?
If yes, then this information will prove useful for you. At the same time, even if this has not happened yet, you should be prepared for such a situation in the future.
What does National Payments Corporation of India say
Actually, the answer to this question is found on the official website of National Payments Corporation of India.
According to the information given by the National Payments Corporation of India, if your transaction is showing pending, but the money has been deducted, then this transaction is considered successful.
According to the National Payments Corporation of India, this situation of money not reaching the other account after being deducted from one account is related to the beneficiary bank end. Due to which there may be some delay.
What to do if money is deducted from the bank
In such a situation, the user making UPI payment is advised to wait for at least 48 hours. The bank also overcomes this problem with its daily settlement.
After which, after a fixed time, the money is transferred to the account of the person receiving the payment.
