Fintechnews Archives - https://fastnewsglobe.com/tag/fintechnews/ Thu, 26 Jun 2025 07:02:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/fastnewsglobe.com/wp-content/uploads/2025/03/fastnewsglobe.png?fit=32%2C32&ssl=1 Fintechnews Archives - https://fastnewsglobe.com/tag/fintechnews/ 32 32 242798455 NPCI launched a new system to prevent transactions by Mistake. Paisa Live https://fastnewsglobe.com/npci-launched-a-new-system-to-prevent-transactions-by-mistake-paisa-live/ https://fastnewsglobe.com/npci-launched-a-new-system-to-prevent-transactions-by-mistake-paisa-live/#respond Thu, 26 Jun 2025 07:02:16 +0000 https://fastnewsglobe.com/npci-launched-a-new-system-to-prevent-transactions-by-mistake-paisa-live/ If you pay with UPI and have failed the problem of transaction fail or wrong...

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If you pay with UPI and have failed the problem of transaction fail or wrong transfer, then this news is for you. NPCI has introduced a new system from 15 July 2025, under which users will get immediate refunds on failed transactions. This new system has been called RGNB (Remitting Bank Raising Good Faith Negative Chargeback), which allows banks to reject chargebacks without NPCI approval, when the customer’s complaint is found correct. This feature will be applicable with URCs, CD1 and CD2 codes. Learn in the video how to avoid complete information related to this and wrong UPI transactions.

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