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What do you think how public will react if government introduces 0.1 to 0.5% charge/ commission on UPI transaction ?

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

#SBI will levy 1% charges on wallet load and education fee payment over and above the charges put by the app/website. Starts from November. Not good for the tiny population who still loads wallet using CC. Majority has already stopped after heavy c

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

UPI Transactions were down 3 times in a week and the reason is high transaction due to IPL, Basically people started using apps like dream 11 and other betting apps. I mean, its easy to beat 90% of people out there as they’re anyway losing it all.

How ATMs Make Money – Let's Find Out! 🤑💸 1. Transaction Fees: When you withdraw money from an ATM, you are charged a certain fee. This fee goes to the ATM operator and is a significant source of their income. 2. Balance Inquiry Fees: Checking yo

A recent survey conducted by LocalCircles found that 75% of India’s UPI users may discontinue using the platform if transaction fees are introduced. This highlights the immense sensitivity of consumers towards any potential charges on a service that

Hi Guys, Did anyone work with Payment Aggregators like JusPay, Decentro etc.. What are their charges for UPI Payments, Credit Card, Debit Card and NetBanking transactions. I am looking for a PaymeyGateway Aggregator for SaaS product where each cl

🛒 Amazon Introduces Marketplace Fee for Buyers in India Amazon India has quietly rolled out a marketplace fee on select buyer transactions starting June 2025. This nominal fee (₹2 to ₹10 approx.) is added during checkout, primarily on low-ticket it

ONE INTERESTING OBSERVATION SERIES DAY #2 With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case