Do you know that according to industry estimates, processing UPI transactions costs stakeholders approximately 0.25% of the transaction value. In FY24 alone, these costs amounted to nearly Rs 12,000 crore, with Rs 4,000 crore incurred for transactions below Rs 2,000. โก๏ธNow Google Pay has started levying a convenience fee 0.5% and 1% on bill payments made using credit and debit cards. โก๏ธBut UPI payments made directly from linked bank accounts will continue to remain free.
Download the medial app to read full posts, comements and news.