If a user is paying 5rs per IMPS transaction, why shouldn't UPI have a way to charge users?
Soumyadip Dey
Hesitation is Defeat...ย โขย 1d
basically we love free things with loads of ads.... that's the case with the majority of people.
and UPI will remain unbeatable if someone introduces ads instead of transaction fee
0 replies
More like this
Recommendations from Medial
Aryan Raj
Building @Prescribal...ย โขย 11m
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
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 theyโre anyway losing it all.
1 replies14 likes
OMPRAKASH SINGH
Founder of Writo Edu...ย โขย 3m
How ATMs Make Money โ Let's Find Out! ๐ค๐ธ
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
See More
6 replies5 likes
Vivek Sharma
If you like this pag...ย โขย 7m
A recent survey conducted by LocalCircles found that 75% of Indiaโs 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
See More
1 replies3 likes
Shiva Prasad
ย โขย
Lognormalย โขย 19d
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
See More
0 replies1 like
Arcane
Hey, I'm on Medialย โขย 10m
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
See More
10 replies10 likes
Rakshak Gupta
ย โขย
Quixyย โขย 6m
when we send money or do any kind of transaction with the UPI we get the rewards mostly the voucher we don't do most of the vouchers instead of can we have a vouchers which we want?
0 replies2 likes
Ashutosh Mishra
Chartered Accountantย โขย 7m
๐จ๐ฃ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป ๐๐ถ๐บ๐ถ๐ ๐ง๐ผ ๐๐ฒ ๐๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ ๐๐ฟ๐ผ๐บ โน๐ญ ๐๐ฎ๐ธ๐ต ๐ง๐ผ โน๐ฑ ๐๐ฎ๐ธ๐ต ๐๐ผ๐ฟ ๐๐ฒ๐ฟ๐๐ฎ๐ถ๐ป ๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐ถ๐ฒ๐
The National Payments Corporation of India (NPCI), which manages UPI, has raised the per-transac