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UPI transaction fails
Many times while making payment through UPI, the transaction fails, or money gets deducted from the account but payment is not done i.e. money does not reach the account in which we transfer. Know here why this happens and how to deal with this problem?
What to do if a payment fails
- Contact your card-issuing bank for details
- Check if you've exceeded your credit limit
- Check if you've entered the correct details
- Check if the purchase is unusual for your spending pattern
- Use a different payment method
Card payment failed
Insufficient funds
Canceled or expired card
Credit limit
Incorrect payment information
Payment gateway errors
Transaction blocked error
Account flagged for fraud
Card declined error
Expired card
Credit Card Transaction Failed: Money Debited? Here’s What t
Verify the Debit First
Contact the Merchant
Document Everything
Dispute the Credit Card Transaction
Follow Up from Time to Time
Reasons for a failed payment
- Incorrect card details: Entering the wrong card number, expiration date, or billing address can cause issues
- Insufficient funds: The account may not have enough funds to cover the transaction
- Exceeded credit limit: The cardholder may have exceeded their credit limit
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