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Currently UPI transactions are free (except for a few banks). So many are transferring using this. Once they start charging the user for transaction, this will
by eqtn 9y ago
Currently UPI transactions are free (except for a few banks). So many are transferring using this. Once they start charging the user for transaction, this will drop. Even if the charge is .50 paise.
- kamaal 9y agoThe charge has to be 0. For one simple reason most of the everyday buying in India is in the FMCG sector where profits are razor thin. No one will be spending the profit equivalent just for a transaction.