Thursday, 5 September 2024

How to get your money back if you've sent it to wrong UPI address

How to get your money back if you've sent it to wrong UPI address

The RBI has issued guidelines to help in such situations:


Contact the recipient directly

First, try to contact the person who received the money by mistake. Politely ask them to return it, and make sure to provide them with the transaction details.

Reach out to UPI app customer 

support

It the recipient isn’t cooperative or if you can’t reach them the next step is to report the transaction to your UPI app’s customer support. They can help you start the refund process.

File a complaint with NPCI

If you’re unable to resolve the issue through customer support, you can escalate the matter by filling a complaint with the National Payments Corporation of India (NPCI).

Get help from your bank

Inform your bank about the mistaken transaction as soon as possible. Give them all the necessary details, and they can help initiate a chargeback to recover the funds.

Call the toll-free number

In case of a wrong UPI address transaction, you can also call the toll-free number 1800-120-1740 for assistance.

What if you sent money by scanning wrong QR code?

In this case too, report the error to your UPI app’s customer support along with the transaction details.

 



For More Details: Pooja Manoj Gupta, visit www.giia26.com

Email: pmgiia26.com Mobile  9868944340



 

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