UPI costs must be met through other means: Centre

UPI costs must be met through other means: Centre

Earlier, RBI had plans to levy charges for payment systems including UPI, NEFT and IMPS Earlier, RBI had plans to levy charges for payment systems including UPI, NEFT and IMPS The Finance Ministry on Sunday called UPI services a ‘digital public good’ and asserted that the government is not considering levying charges for them, four […]

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UPI costs must be met through other means: Centre

Govt. says UPI costs must be met through other means

RBI had earler, floated a paper on levying charges for payment systems including UPI, NEFT and IMPS RBI had earler, floated a paper on levying charges for payment systems including UPI, NEFT and IMPS The Finance Ministry on Sunday called UPI services a ‘digital public good’ and asserted that the government is not considering levying […]

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The move to link credit cards with UPI

The move to link credit cards with UPI

What are the primary motivations behind this move? Will the proposed linking increase the scope of the Unified Payments Interface? What are the primary motivations behind this move? Will the proposed linking increase the scope of the Unified Payments Interface? The story so far: The Reserve Bank of India (RBI) has proposed to allow linking […]

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