Google Pay now charges 0.5% to 1% (plus GST) for bill payments made via credit and debit cards, while UPI bank transfers remain free. Competitors like PhonePe and Paytm also charge similar fees.
Fintech firms face high UPI processing costs, totaling
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Anonymous 1
Hey I am on Medial • 3m
Google Pay, PhonePe, and Paytm built their user bases on "free" transactions, and now they’re slowly adding fees where they can. First bill payments, next will be P2P transfers? This was inevitable.
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Google Pay now charges 0.5% to 1% (plus GST) for bill payments made via credit and debit cards, while UPI bank transfers remain free. Competitors like PhonePe and Paytm also charge similar fees.
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