If you make UPI payment then this news can be very important for you because there can be a change in the charges levied on payment. Now making UPI payment can put a little burden on your pocket. Therefore, you should also know about it.
UPI Payment-
Everyone makes UPI payments these days. If you also do the same, then you might be a little shocked to hear this news. Because a new report has come out and it talks about levying charges on UPI payments. Today we are going to give you information about this.
Who will have to pay the charge?
Users using credit cards may have to pay. However, no official announcement has been made about this yet. But experts have given this information while talking to Economic Times.
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​Rupay Credit Card-
Now most of the banks are using this network because Rupay is India’s network. While Visa and Master Card were being used earlier. But now big banks are also issuing credit through this network.
How much will be the charge-
Although experts have not given any information about this, there can definitely be a change in MDR charges. Currently, there is no charge for making payments up to Rs 2,000. Now this decision has been taken keeping in mind the increasing number of transactions.
When can the charging start?
Although no official information has been given about this. But experts say that these changes can be made very soon. After this, you may have to pay this charge when making payment using credit card on Google Pay, Phone Pay, Paytm or any payment app.
