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Aarihant Aaryan

Prev- Founder & CEO ... • 22d

If a user is paying 5rs per IMPS transaction, why shouldn't UPI have a way to charge users?

Greg

👤 • 22d

but yaar charging users, even a small amount , might actually backfire. i personally feel UPI worked because it was free and super convenient. The moment you add a cost, people might just go back to cash or look for hacks to avoid paying.t’s not like every user is doing highvalue or highvolume transactions. For most people like me it’s just buying veggies, splitting bills, or sending money home.If anything, banks and big platforms are already benefiting from the data, engagement, and customer stickiness UPI brings.

2 replies1 like

Replies (2)

Niraj Bind

Data Science Enthusi... • 22d

i I totally agree with you , I feel same . Many of us , Indians won't be using Upi , if they imposed charges . I would like to switch on cash instead of giving charges on every Upi payment.

0 replies

Niraj Bind

Data Science Enthusi... • 22d

[This post has been deleted by the creator]

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