UPI Down: How To Transfer Money Without Using UPI? Here Are 5 Methods

UPI Down: India's one of the most used instant payment systems, UPI faced extensive outages across the country. Thousands of users are reporting issues related to UPI payments or fund transfers and purchases. Following the outage, NPCI said they are facing intermittent technical issues. The issue is ongoing. That being said, citizens across India would face issues in transferring money through UPI on a weekend like second Saturday, which is also a bank holiday. However, worry not; there are still methods available to carry out seamless transactions without a UPI.

UPI Down:

As per DownDetector. users have reported problems at Unified Payments Interface (UPI). Complaints started to flood in since 11.23 am, with over 2,300 users complaining by 12:53 PM. Although, there has been a decline in the number of complaints by the early evening, however, UPI is still down for many users.

81% of the complaints were related to payments via UPI, while 17% of them complained about issues in funds transfer. A meager 2% of them complained about issues related to purchases.

Through its X handler, NPCI said, "NPCI is currently facing intermittent technical issues, leading to partial UPI transaction declines. We are working to resolve the issue and will keep you updated."

"We regret the inconvenience caused," NPCI said. An update on the full resolution is awaited.

Nonetheless, you can still transfer or buy something online without UPI.

Here are 5 methods, as per Paytm's blog:

1. Bank Transfers: Traditional bank transfers allow you to send money directly from your bank account to another person's account. You can do this through online banking, mobile banking apps, or by visiting your bank branch.

2. Mobile Wallets: Digital wallets offer a convenient way to transfer money to friends, family, or merchants. These wallets are linked to your bank account or can be topped up with funds, allowing you to make instant transfers.

3. NEFT/RTGS: National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) are electronic payment systems provided by banks. NEFT is used for transferring smaller amounts, while RTGS is suitable for larger transactions. These methods require the recipient's bank account details.

4. Cheques: Although a bit old-fashioned, cheques are still widely used for transferring money. You can write a cheque to the recipient and hand it over or mail it to them. They can then deposit the cheque into their bank account.

5. Digital Payment Apps: Apart from UPI-based apps, there are other digital payment platforms that enable you to transfer money domestically and internationally. These apps often require both the sender and recipient to have an account.

How to Transfer Money Through Paytm Without UPI? Step-By-Step Guide, as per the Paytm website:

Step 1: Log in to the Paytm app on your device.

Step 2: On the homepage, locate and select the "Send Money" section.

Step 3: From the available options, choose the desired transfer method such as "Send Money to Mobile Number" or "To Bank Account".

Step 4: Follow the prompts and provide the necessary details, including the recipient's mobile number, UPI ID or bank account information.

Step 5: Enter the amount you wish to transfer and select whether you want to transfer funds from your linked bank account or from your debit or credit card.

Step 6: Confirm the transaction and enter your PIN to complete the transaction

All About UPI:

According to the explanation by NPCI, Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the "Peer to Peer" collect request which can be scheduled and paid as per requirement and convenience.