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The Economic Times
The Economic Times
Business
Anshika Jain

UPI Payment failed or stuck? When banks must refund your money and pay ₹100 per day in compensation

You make a UPI payment, your bank account is debited, but the recipient says the money has not arrived. Should you pay again or wait for a refund? Before making another payment, check the transaction status.

Here is how the UPI reversal process works, how long a refund can take, and what you should do if the money is not returned on time.

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