PhonePe Quick Transfers work on the Unified Payments Interface (UPI) system, enabling instant fund transfer between bank ...

PhonePe initiated active disaster recovery drills with heightened cybersecurity measures on their network firewall.

In April 2025, UPI recorded a transaction volume of 17.89 billion and a total transaction value of ₹23.95 lakh crore.

The glitch also impacted other unified payments interface (UPI) apps like Paytm and Google Pay. Thousands of users reported ...

Several Unified Payments Interface (UPI) users saw payment disruption on May 12 after PhonePe's disaster recovery measures ...

NEW DELHI: The country's biggest fintech firm PhonePe reported a technical glitch in its system that led to the failure of ...

PhonePe and other UPI users found that they could not complete their transactions. Reports of the issue were widely shared.

The disruption marked the third major UPI outage in less than a month, raising concerns about the stability of one of the ...

Peak traffic on Monday evening exposed a network capacity shortfall at its newly activated data centre, due to which ...

PhonePe experienced a technical disruption on Monday, causing widespread transaction failures. A network capacity shortfall during peak traffic, trigg ...

PhonePe experienced a system outage due to a technical glitch, impacting transactions on its platform. The company is working ...

Amid all this, the founder of Paytm, Vijay Shekhar Sharma, in a post on social media platform X, said the company’s fintech ...