Starting from April 1st, an interchange fee of up to 1.1 percent will be applicable on prepaid payment instruments (PPIs) for merchant Unified Payments Interface (UPI) transactions, according to the National Payments Corporation of India (NPCI). The fee will be levied on UPI … [Read more...] about New NPCI Proposal Suggests Interchange Fee of Up to 1.1% for PPI UPI Transactions over ₹2,000
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If UPI Transaction Charges Come To Practice, How To Reduce Or By-Pass Or Avoid Those Charges?
Unified Payments Interface (UPI) is a revolutionary payment system introduced by the National Payments Corporation of India (NPCI) in 2016. It enables instant money transfer between bank accounts through a mobile application, making digital transactions faster and more convenient … [Read more...] about If UPI Transaction Charges Come To Practice, How To Reduce Or By-Pass Or Avoid Those Charges?