NEW UPI UPDATE!

UPI Just Got 2x Faster: What India’s 15-Second Transaction Revolution Means for You Meta Description : NPCI slashes UPI response times to 15 seconds. Discover how this upgrade impacts your daily payments, boosts merchant reliability, and accelerates India’s digital economy. The Need for Speed: UPI’s Game-Changing Upgrade On June 16, 2024, the National Payments Corporation of India (NPCI) deployed a silent revolution: UPI transactions now process twice as fast, with maximum response times cut from 30 seconds to just 15 seconds. This isn’t just a technical tweak—it’s a transformative leap for 300+ million users and 50+ million merchants relying on UPI for daily payments. Behind the Upgrade: How NPCI Made UPI Faster The speed boost stems from critical backend optimizations: AI-Powered Routing: NPCI’s upgraded "UPI switch" now intelligently routes traffic to avoid bottlenecks. Bank API Efficiency: Faster handshake protocols between banks and p...