The Ministry of Finance on Monday reiterated that there was no proposal to impose transaction charges on Unified Payments Interface (UPI) transactions.
Advertisement
The Minister of State in the Ministry of Finance, Pankaj Chaudhary, informed the Lok Sabha that there was no such proposal under consideration, thus reaffirming the government’s commitment to promoting digital payments across India.
UPI, managed by the National Payments Corporation of India (NPCI), has revolutionised financial transactions, enabling seamless, instant payments for millions of users.
Advertisement
×
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Combo
Yearly
Monthly
Already a Member? Sign In Now
Advertisement
Advertisement
Advertisement