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Vivek Sharma

Stealth • 5m

A recent survey conducted by LocalCircles found that 75% of India’s UPI users may discontinue using the platform if transaction fees are introduced. This highlights the immense sensitivity of consumers towards any potential charges on a service that has revolutionized digital payments in the country. As UPI continues to dominate as a convenient, fee-free payment method, the survey underscores the potential risk of losing a significant user base if additional costs are imposed, creating ripple effects across India’s digital economy. Source: Firstpost

1 replies3 likes

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Anonymous 1

Stealth • 5m

A better way would be to charge 1% or something very little on the transaction itself instead of an extra amount. Like credit cards do.

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