Big updates for UPI users, fees on transactions may be charged, government is planning this

Big updates for UPI users, fees on transactions may be charged, government is planning this

If you do UPI transactions then there is a big update. The government is considering imposing merchant fees on the payment from UPI and RuPay Debit Card. Right now whenever a customer pays with UPI or RuPay Debit Card, Businesses do not have to pay any fees. However, it has not always been so. Before 2022, merchants used to pay a minor fee to banks to process these transactions. & Nbsp; Will it affect customers? If the government again implements this fee, then it will not have a direct impactโ€ฆ

Read More