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 3
Hey I am on Medial • 2m
The government waived MDR fees for transactions under ₹2,000, meaning small payments are free. But if you pay big bills, you get charged now. So basically, middle-class and high-income users bear the cost?
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