Look ye here, and find
Just another ordinary human mind.
Faceless though I may be,
My thoughts hold not eternity.The above is the explanation to inter-bank settlement processes. This is a 3-part article and links to the other parts are available therein. It gives a nice overview of UPI as implemented by NCPI in India.
My question is what constitutes a settlement failure? How does this affect customers and banks?
In my personal experience, sometimes payments can take up to 3 days to succeed. Is it anything to do with inter-bank settlements?
Or is it that the sheer volume of such incomplete or delayed payments actually constitutes inter-bank settlement failures?
RBI also has introduced CDBC to address the problem of settlements. But I'd like to understand settlements is a problem first, before I understand how CDBC will help with settlements.
The website is single page. No complex backend. At most it fetches stuff from another web service and does some crawling/crunching. I don't expect high loads here.
Mainly asking for the website self-hosting purpose only.
Can I downgrade here? Also just wondering what do most people use a 1cpu 0.5gb machine for? VPN? Personal website? Or something else?