India, May 12 -- Fintech major PhonePe today suffered a major tech outage, leaving many users unable to make digital payments.
As per tracking platform DownDetector, the Unified Payments Interface (UPI) ecosystem was hit by an outage at around 5:58 PM. The matter peaked at 7:13 PM when 906 users reported problems with the digital payments service.
While the National Payments Corporation of India (NPCI) has not issued any statement on the outage so far, PhonePe said that the outage was due to its internal issues.
In a post on X, PhonePe cofounder and chief technology officer (CTO) Rahul Chari attributed the outage to a network capacity shortfall, which led to transaction failure.
". This evening, 100% of our traffic across all our serv...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.