Navi, the country's fourth-largest UPI player, issued a clarification on reports claiming that a septillion-trillion amount reflecting as credited in a Noida man's bank account was due to technical glitch in its app.
In a statement issued on Wednesday, the company said that its system are in full compliance with protocols laid down by the National Payments Corporation of India, and that the anomaly originated "outside our infrastructure".
"Navi's systems remain fully compliant with NPCI protocols. The anomaly originated outside our infrastructure, and we've since introduced additional validations to prevent such anomalies from surfacing in our app. We're actively engaging with all relevant stakeholders to ensure continued reliability for our users," the statement said.
Reports earlier said that on Tuesday, the Dankaur police station in Noida had found that due to some glitch in the NAVI UPI app, the astronomical bank balance was being shown in the Noida man's account.
Screenshots showcasing the amount purportedly credited to the account made rounds on social media. The screenshot showed "Rs 100,13,56,00,00,00,00,00,00,01,00,23,56,00,00,00,00,299" as being credited to the account.
नोएडा में 20 साल के दीपक के कोटक महिंद्रा बैंक खाते में 36 डिजिट की धनराशि आई है।
ये रकम 1 अरब 13 लाख 56 हजार करोड़ रुपए बैठती है।
मेरा गणित थोड़ा कमजोर है। बाकी आप लोग गुणा-भाग कर सकते हैं।
फिलहाल इनकम टैक्स विभाग जांच कर रहा है। बैंक खाता फ्रीज कर दिया गया है। pic.twitter.com/cLnZdMKozD"A 36-digit amount has been credited to the Kotak Mahindra Bank account of 20-year-old Deepak. This amount comes to 1 arab 13 lakh 56 thousand crore rupees. My math is a bit weak. The rest of you can do the multiplication and division. Currently, the Income Tax Department is investigating. The bank account has been frozen," Sachin Gupta, an X user, had tweeted.
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