New Delhi, Oct. 14 -- A wrong UPI payment can cause considerable worry, but taking prompt action may improve your chances of recovering the money. Whether you selected the wrong contact, entered an incorrect UPI ID or scanned the wrong QR code, the first step is to report the transaction without delay.

Unified Payments Interface (UPI) transactions are processed within seconds. Once a payment is successfully completed, there is no simple option to cancel it through the payment app. However, you can raise a complaint and ask your bank to initiate the recovery process.

Keep the transaction reference number, payment amount, date and recipient's UPI ID handy. These details will help the bank trace the transaction and process your complaint....