UPI : Govt introduces surcharge on UPI transactions
The National Payments Corporation of India (NPCI) has issued a circular advising that Prepaid Payment Instruments (PPI) fees. The fees applied to merchant transactions on Unified Payments Interface (UPI) beginning on April 1, 2023. New UPI Charge & Date For transactions over Rs 2,000, using PPIs on UPI will result in interchange fees at 1.1 […]
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