UPI Refund Compensation Related
- 654
- 6
-
- Last Comment
Flipkart has completed my UPI refund on 7th Feb but the same in not yet credited in my UPI linked HDFC Bank account.
Can i claim compensation in this Case?
I know, for delay in reversal of failed transaction there is a provision of Rs 100 per day compensation but not sure about merchant refunds.
Expired
5 Comments
|
4 Dimers
- Sort By
https://www.desidime.com/discussions/upi-refund-compensation-related?page=1#post_9097055
Who provides this compensation? Banks or the sender (merchant or normal upi user in p2p)? If it is the latter case then seems very bad to increase burden on the sender
View 3
more replies
Click here to reply
Reply
There is no such thing for merchant refunds (+
P2P transfer delays)Edit: For P2P, beyond T+1 and P2M - T+5 : 100rs/day compensation