Unified Payments Interface (UPI) has transformed the way we make payments. With its seamless and instant payment solutions, UPI has become the preferred mode of transaction for millions. However, with the rise in digital payments, keeping track of each transaction's status is crucial.
Why checking UPI transaction status is important
Knowing the status of your UPI transactions helps you manage your finances effectively. Whether it's a personal payment or a business transaction, confirming that a payment has been successfully processed can prevent misunderstandings and provide peace of mind.
Understanding UPI transaction statuses
- Success: The transaction was completed successfully
- Pending: The transaction is still being processed. Check back later for an update
- Failed: The transaction did not go through. You might need to retry or check with your bank
Steps to check UPI transaction status
1. Using your UPI app
- Launch the app on your smartphone.
- This is usually found under the 'Transactions', 'History', or 'Passbook' sections.
- Click on the specific transaction you want to check.
- The app will display the status as 'Success', 'Pending', or 'Failed'.
2. Using Axis Bank's mobile banking app
- Use your credentials to access your account.
- Go to UPI module via Quick Links>>BHIM UPI or Pay button.
- Click on 'My Transactions' section to view transaction history and their statuses.
3. Via SMS notifications
- Check your messages: Look for an SMS from your bank or UPI app provider.
- Identify the transaction: Match the transaction ID with your payment to confirm the status.
Troubleshooting common UPI issues
1. Pending transactions
Pending transactions are common and can occur due to network issues or server downtime. If you see a transaction stuck in the pending status:
- Wait for a while: Transactions usually get updated within a few minutes to hours.
- Check again later: Revisit the transaction history in your UPI app after some time.
2. Failed transactions
Failed transactions can happen due to incorrect details, insufficient funds, or technical glitches. If your transaction fails:
- Verify details: Ensure the UPI ID or phone number entered is correct.
- Retry the transaction: Initiate the payment again after verifying the details.
3. Disputed transactions
If you notice an unauthorised or incorrect transaction:
- Contact customer support: Reach out to your bank or UPI app provider immediately.
- Provide transaction details: Share the transaction ID and other relevant information for quick resolution.
Conclusion
Staying on top of your UPI transactions is essential for efficient financial management. Whether you prefer using your UPI app, or mobile banking app, or relying on SMS notifications, knowing how to check UPI payment status ensures you are always in control of your finances.
The BHIM Axis Pay UPI App is a great tool for this, allowing you to send or receive money securely and instantly with your UPI ID. Embrace the convenience and security of UPI payment solutions and enjoy seamless transactions.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
