Definition
A Failed Transaction is when a payment doesn’t go through due to reasons like poor internet, technical error, wrong details, or insufficient funds.
What Happens
If money is deducted during a failed transaction, it is usually reversed automatically to the sender’s account within 2–3 working days.
Common Causes
- Server issues
- Low balance
- Incorrect UPI PIN
- Timeout errors
The meaning of a failed transaction is simple: the money didn’t reach the receiver, but it’s usually safe and returned automatically.