New Delhi, June 22 -- Imagine going out for dinner and receiving a bill of Rs.2,000. While paying the restaurant through UPI, you accidentally enter an extra zero and transfer Rs.20,000 instead. Since UPI payments are processed almost instantly, the transaction goes through before you realise the mistake.

It is only the next morning, while checking your transaction history, that you discover the blunder. What can someone do in such a situation?

Such errors are more common than many people think. A wrong digit, an extra zero or selecting the wrong recipient can lead to an unintended transfer of money. In such cases, recovering the amount may seem difficult but if you act quickly, there are chances of recovering the excess amount.

If an ...