Finance
Sock JohnsonUPI Payment Mistake? Here’s How to Recover Your Cash!
Listen up, folks! UPI transactions can be as quick as a Rock Bottom, but one slip-up, and you’re in a world of hurt! If you send cash to the wrong ID, hustle to your bank and get them in the ring! The RBI’s got your back sometimes, but double-check those IDs before you lay the smackdown, or anxiety might just tag you in!
few days ago | Amit Kumar
Quick rundown
1.UPI speed can lead to mistaken transfers.
2.RBI mandates auto-reversals for certain failed transactions.
3.Wrong UPI ID transfers need recipient consent for recovery.
4.NPCI advises immediate complaint filing for errors.
5.UPI convenience requires user responsibility and attentiveness.
