UPI Transaction: If money is transferred from UPI to the wrong account, how will it be refunded? This method will work

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UPI payment : There will be change in the rules of UPI payment! It will take 4 hours to make payment, know the whole thing
UPI payment : There will be change in the rules of UPI payment! It will take 4 hours to make payment, know the whole thing

If you ever make a wrong UPI transaction, then first contact the customer service department of your bank. Or you can also contact the UPI service provider. In this you will have to give many information like date, time, amount etc. of the transaction.

Have you ever done a wrong UPI transaction? Are you trying to transfer money to someone else and it has already been transferred to someone else? What do you do in such a situation? How can your money be returned (How To Reverse Upi Transaction)? Nowadays, due to the rapidly increasing cases of fraud and the increasing number of frauds taking place due to UPI transactions, the possibility of getting the money back seems less.

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What to do in case of wrong transaction?

If you ever make a wrong UPI transaction, then first contact the customer service department of your bank. Or you can also contact the UPI service provider. In this you will have to give many information like date, time, amount etc. of the transaction.

It is important to give correct information.

You have to give complete information properly to the customer care officer. In which you will have to give complete reason for reverse transaction. You will have to explain how your wrong transaction happened. The problem will be evaluated according to the information provided by you.

You will have to follow all the restrictions specified by the bank or UPI service provider. If you complain at the right time, the problem will also be resolved on time. After giving all the information, verification will be done by the UPI provider or bank. If all the information is found correct then your money will be returned.

The bank will inform you through written notice

and will ensure that no wrong transaction takes place in your account. For this, written information will be given to the account holder by the UPI service provider or the bank. Only after which the money will be sent back to your account. This process may take some time to complete. Because all the information will be verified and the transaction will be reversed only after verification.

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