The Centre said there are no plans to levy charges for making payments through Unified Payments Interface (UPI). And added the service is a “digital public good with immense convenience”. The Ministry of Finance said the concerns of service providers for cost recovery have to be met through other means. This comes days after the Reserve Bank of India (RBI) sought feedback from stakeholders. On the possibility of imposing gradual charges on payments made through UPI.
No plans to levy charges
No plans to charges UPI transactions, says Finance Ministry
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