Back

I CAN'T BELIEVE IT 😲😲 Finally, some good news that won’t give your wallet a panic attack! The government just debunked the rumor mill—no GST on UPI transactions over ₹2,000. So, feel free to send money to your friends, pay your chaiwala, or splurg

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

UPI Transactions Jump 5% MoM In May To 1,404 Cr Monthly Growth: UPI transactions rose 5% month-on-month in May to 14.04 billion, with transaction volume increasing 4.1% to INR 20.45 lakh crore. Yearly Growth: Year-on-year, transaction count surged

The central government has collected GST of ₹ 1.82 lakh crore in November 2024. This GST collection is 8.5% more than the GST collection in November last year. In November 2023, the government has collected GST of ₹ 1.68 lakh crore.

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 transactio

Look, even the government has given a clarification on the UPI matter now.

🚀 Should India Start Charging Fees for High-Value UPI Transactions? UPI is a world-class digital payments system — fast, free, and inclusive. But there's a hidden cost: 💸 Infra cost of ₹0.10–₹0.30 per transaction 🏦 Over ₹1,000 crore/month just t

What will be the future of Paytm? Paytm is First Mover But now phonepe has 47.2% share of UPI transactions