Update 10 am IST, February 7, 2024: The UPI services have been restored, and we have independently confirmed that all the banks mentioned in the story below are seeing UPI-related payments going through without any issues.
Several users took to X (formerly Twitter) to claim that UPI transactions were not going through. In a tweet, the National Payments Corporation of India or NPCI, confirmed that some banks had been hit by an outage, causing UPI transaction failures.