PhonePe suffers UPI outage after conducting disaster recovery drills

Fintech major PhonePe suffered an outage in processing Unified Payments Interface (UPI) transactions on Monday due to a network capacity shortfall triggered during cybersecurity drills conducted in the wake of the India–Pakistan conflict.

Services of India’s real-time payments system, UPI, were disrupted on the PhonePe application for over an hour on Monday evening, users and industry stakeholders said.