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BBPS is an RBI initiative and is run by National Payments Corporation of India. It serves as a one-stop ecosystem for all types of bill payments.
The primary reason is insufficient funds in the account of the issuer. Often, discrepancies in the name or overwriting on the cheque can also lead to it bouncing.
There are two main reasons for UPI transaction failures. First is technical default which occurs due to network-related issues and second is business decline, often caused by user errors.
Third party insurance is must for all vehicles on the road as any damage caused to the third party can be compensated
Keep your Aadhaar card updated so that it can used at appropriate time for availing services
Currently, service providers are allocated numbers for both mobile and fixed-line services without any charge
In the race to establish dominance in AI technology, Apple has surged ahead of other companies. It has surpassed giants like Microsoft and achieved a special position.
Reserve Bank of India has explained the reasons behind UPI payment failures. So, let's find out why UPI payments fail and what is the process to get the money back if the payment fails.
Every company deducts PF from employee's salary and deposits it with the EPFO. But if some co fails to deposit the money, here's what you can do.
A satellite-based system for toll collection is set to be introduced in the country with the Indian Highways Management Company inviting bids from global firms