Economic TimesLean R·
UPI charges could reverse gains: ex-NITI VC
New Delhi: Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to retain zero-fee UPI transactions for at least a few more years, warning that even a small charge could push users back towards cash.Kumar told PTI that the government should not impose fees on merchants for UPI transactions of any value. He said UPI should be treated as a public good because its wider benefits outweigh the cost of maintaining its infrastructure.“Their overall benefits well far outweigh the cost o…
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