PhonePe Faces Outage Amid Network Shortfall

• PhonePe experienced a significant tech outage, disrupting digital payments for many users.
• The outage, reported by DownDetector, was due to a network capacity shortfall as explained by PhonePe's CTO Rahul Chari.
• PhonePe has rebalanced its traffic, witnessing a recovery in its UPI system.
• Paytm CEO noted their app's smooth operation, handling twice the regular volume.
• Recent months have seen multiple UPI outages, prompting calls for enhanced system robustness.

Source: Inc42