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NPCI springs to action with two new circulars to contain UPI outages
The NPCI has directed banks to implement changes in the response time of UPI APIs by June 16 this year. These guidelines, shared with banks and other stakeholders, aim to reduce UPI network outages
Ajinkya Kawale Subrata Panda Mumbai
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The National Payments Corporation of India (NPCI) issued two new circulars last week, outlining guidelines for the use of application programming interfaces (APIs) in the Unified Payments Interface (UPI) system. This follows network outages earlier this month.
One of these circulars outlines the guidelines for the reduction in the response time for four UPI APIs, whereas the second one lists directions to prevent the misuse of all APIs associated with the real-time payments system.
The NPCI has directed banks to implement changes in the response time of UPI APIs by June 16 this year. These guidelines, shared with
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