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NPCI Issues 2 Circulars on API Usage
Business Standard
|April 30, 2025
National Payments Corporation of India (NPCI) last week issued two circulars giving guidelines on application programming interfaces (APIs) that aims at reducing outages in the Unified Payments Interface (UPI).
One of the two is on reducing the response time for four application programming interfaces (APIs) whereas the second lists directions to prevent the misuse of APIs associated with real-time payments.
NPCI has asked banks to enforce changes in the response time of UPI APIs by June 16.
"With banks’ capacity is not an issue. When the outages happened, there was no limit to how many times a bank could send queries to check the transaction status. If there was a slowdown in any hop, banks would bombard the system with more calls, leading to further slowdown. Banks and NPCI are working together on this," a senior banker said.
Streamlining the system APIs are protocols and tools that enable secure data exchanges between banking systems and the UPI network.
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