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Address infra gaps to target 1bn UPI payments a day: FM Sitharaman

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Address infra gaps to target 1bn UPI payments a day: FM Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Monday urged all stakeholders to work collaboratively to address infrastructure gaps, while underscoring the need to target one billion UPItransactions per day within the next two-to-three years. The review meeting chaired by the FM assumes significance in view of disruptions faced by UPI users in the recent past due to a spate of outages.UPI users across the country experienced transaction failures on April 12, the third in less than a fortnight. UPI outage was also reported on March 26 and April 2.





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