HDFC Bank to stop SMS alerts for small UPI payments soon; details here

HDFC Bank has announced that it will stop sending SMS alerts for UPI transitions up to Rs 100 from June 25. The private lender said that SMS alerts won’t be pushed for incoming payments up to Rs 500 from the said date either.

The lender informed its customers through emails and SMS that they would continue to receive email alerts for all UPI transactions.

UPI, or Unified Payments Interface, has become the backbone of digital transactions in India. Developed by the National Payments Corporation of India (NPCI), UPI is an instant payment system built on the IMPS infrastructure. It allows you to instantly transfer money between any two parties’ bank accounts.