The UPI in India has witnessed remarkable growth in recent years. UPI enabled app fails when an online transaction initiated through the Unified Payments Interface is not completed successfully. However, there are some common mistakes that users should be aware of to ensure smooth payment transfer and avoid issues. Here are some mistakes to avoid when making UPI payments:
Entering and Sharing UPI Credentials
The common error we have made is entering the wrong UPI ID or VPA. It is important to clarify the recipient’s details before transferring the money. Even a mistake in a single character can result in the payment being sent to the unauthorized person, so avoid these inconveniences and complications while making payments. It would help if you did not share your UPI PIN and OTP with anyone, including friends, family, or customer support representatives, as they contain sensitive information. Sharing these details can lead to unauthorized transactions from your account. Banks and payment platforms will never ask for your PIN or OTP over the phone or email.
Transaction Limits and Records:
Every bank has a certain transaction limit for every payment. These limits can vary from bank to bank and depend on factors such as the type of account and transaction history. Ignoring these limits can lead to transaction failures or delays. Always check your bank’s guidelines on transaction limits before initiating payments, especially for larger amounts. Keep records of all UPI transactions, including the date, time, amount, and recipient details. These transaction records can help track payments or provide evidence of fraudulent activities.
Updation and Notifications:
Keeping your UPI apps and smart phones updated with the latest software is important for security. Using outdated apps or operating systems exposes devices to potential exploitation by cybercriminals seeking to exploit known weaknesses. It is recommended that you check for updates from your bank regularly to ensure that your digital transactions remain secure and protected from fraudulent activities. Always check for confirmation messages or notifications from your bank or UPI enabled app after completing a UPI transaction. These notifications verify the success or failure of the transaction and can alert you to any unauthorized transactions.
Unsecured network and Unverified Payment request
Ensure you are connected to a stable and secure internet connection when making UPI payments. An unsecured connection can lead to the hacking of sensitive data. Prefer using your mobile data network or a trusted Wi-Fi network for transactions. Scammers may send fraudulent payment requests posing as friends or businesses. Always verify the authenticity of the payment request before approving it. Carefully check the details such as the name, VPA, and amount.
Final thoughts
UPI Payments are the safest and easiest method to make payments online. If users face any difficulty while transferring payments or if the UPI earning app is not working, they can check if the payments are not going through for any reason. By being aware of the common reasons for failures, users can enjoy the benefits of UPI.