Calls for tiered charges on UPI reach Parliament as govt incentives seem insufficient

Calls for tiered charges on UPI reach Parliament as govt incentives seem insufficient

A parliamentary committee has recommended introducing tiered charges for UPI transactions to address a significant funding gap and slowing growth. While the government maintains UPI is a ‘public good’, industry players argue that subsidies cover only a fracti…

Mumbai: Parliamentarians are recommending charging of fees for transactions on Indias real-time payments network, a move that could change the governments free-for-all policy. A new committee report … [+4308 chars]