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United by UPI, Chandigarh merchants & consumers share anxieties over looming platform fee

💸 Is the free UPI era finally over?

Published by OOPSONLINE.IN · Source: The Tribune · 1 min read · · Updated

❤️ OOPS SAYS

Nothing brings a customer and a shopkeeper together quite like the shared dread of a new transaction fee. Get ready for some very tense mental math at the register.

What actually happened

With the Government of India announcing a 0.4 per cent fee on customer-to-merchant payments above Rs 2,000 made on UPI platforms after October 15, the local business fraternity and consumers have expressed curiosity over the impact of the new reforms on their everyday transactions.

Key points

  • With the Government of India announcing a 0.
  • 4 per cent fee on customer-to-merchant payments above Rs 2,000 made on UPI platforms after October 15, the local business fraternity and consumers have expressed curiosity over the impact of the new reforms on their everyday transactions.

Summary based on data provided by The Tribune. Full article available at the original publisher.

  • #business
  • #united
  • #chandigarh
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