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No Consideration To Levy Any Charges For UPI Services: Finmin

Business oi-PTI | Published: Monday, August 22, 2022, 8:34 [IST] The Finance Ministry on Sunday said United Payments Interface (UPI) is a digital public good and there is no consideration in the government to levy any charges on this. This statement allays fear emanating from the RBI’s discussion paper on charges in the payment system …

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No move to levy charges on UPI services: Finance ministry

NEW DELHI: There is no move in the government to levy any charges on UPI (Unified Payments Interface) transactions, the finance ministry said on Sunday. It asserted concerns of service providers for cost recovery have to be met through other means. “UPI is a digital public good with immense convenience for the public and productivity …

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No plans to levy charges on UPI transactions, says Finance Ministry

The Centre on Sunday said there are no plans to levy charges for making payments through Unified Payments Interface (UPI) while saying the service is a “digital public good with immense convenience”. The Ministry of Finance on Sunday said the concerns of service providers for cost recovery have to be met …

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Relief as Centre says not considering levying any charge on UPI transactions

The government is not considering levying any charge on transactions carried out through Unified Payments Interface (UPI), the Union finance ministry clarified on Sunday. This came amid speculation that the government may be looking to impose a fee on the popular mode of financial transaction. The Centre also said other means would be worked out …

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