Users of UPI in India can expect quicker transaction completion times soon. New rules that shorten the processing time of UPI transactions have been implemented by the National Payments Corporation of India (NPCI), which oversees UPI operations. Till now, transmitting and receiving money through UPI transactions typically took up to 30 seconds. However, that time has been halved since the new regulation was implemented. Going forward, the processing time of a UPI payment will be approximately 15 seconds. Apps like PhonePe, Google Pay, Paytm, and other UPI systems fall under this category.Additionally, less time is now needed to reverse a failed transaction or verify the status of a transaction. Earlier, you had to wait for at least 30 seconds to see if the money was taken out or returned if your payment failed. The procedure will now take ten seconds, giving users early notice of a successful or unsuccessful transaction.Practically, let’s say you use your bank’s app to scan the merchant’s QR code at a store and pay Rs 500. The app uses NPCI’s UPI system to submit a payment request to the merchant’s bank. Following payment processing, your app receives a response verifying if the transaction was successful or not. Previously, the trade would have taken around 30 seconds, but now it will just take 15 seconds.NPCI has updated UPI transaction rules to improve speed and reliability. Apps can now check transaction status within 45–60 seconds instead of waiting 90 seconds, allowing quicker responses to failed or stuck payments. If a transaction doesn’t reach the UPI system (e.g., due to network issues), it will now be auto-marked as failed, saving time and reducing confusion. Payment providers can check a transaction’s status up to three times within two hours. For users, this means faster confirmations, quicker failure alerts, and a smoother payment experience.