New Delhi: The era of free UPI transactions could soon come to an end. In a significant statement, RBI Deputy Governor Sanjay Malhotra hinted that users of digital payment platforms like PhonePe and Google Pay may soon have to pay for UPI services, as the government considers a sustainable funding model for the booming payment Read More…
Google Pay has implemented a convenience fee for bill payments made via credit and debit cards, ranging from 0.5% to 1% of the transaction amount, plus applicable GST. This change impacts users paying for utilities like electricity and gas through their cards, while UPI-linked bank account payments remain free of charge. The exact fee is Read More…