HDFC Bank UPI Alert: The UPI service of the country’s largest private bank HDFC will not work for two days in the month of November. It has announced that the UPI service will be temporarily closed for necessary system maintenance. After this maintenance, customers will get a better banking experience.
According to the information given on the bank’s website, UPI will not work for two hours from 12 midnight to 2 am on Tuesday, November 5. Similarly, UPI will not work for three hours from 12 midnight to 3 am on November 23.
What all will not work?
During the maintenance period, customers will not be able to make financial and non-financial UPI transactions on HDFC Bank current and savings accounts and RuPay credit cards. Also, no UPI transactions will be possible through the bank’s mobile banking app, Google Pay, WhatsApp Pay, Paytm or other third party apps. Also, all types of UPI transactions will be closed on the trading accounts linked to the bank.
Record payment from UPI in October
NPCI said on Friday that in October, 16.58 billion transactions were done through UPI in the country. Its value was around Rs 23.5 lakh crore. This is the biggest figure so far since the launch of UPI in April 2016.
The number of daily UPI transactions in October was 535 million. During this period, the average transaction value was Rs 75,801 crore per day. Whereas in September the average daily transaction number was 501 million and the value was Rs 68,800 crore.
In October, 467 million transactions were done through Immediate Payment Service (IMPS), which is 9 percent more than the figure of 430 million in September. Last month, the value of transactions through IMPS increased by 11 percent to Rs 6.29 lakh crore compared to the figure of Rs 5.65 lakh crore in September.
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