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Majority Users To Stop UPI Payments If Transaction Fee Is Levied, says Report

Majority Users To Stop UPI Payments If Transaction Fee Is Levied, says Report

Most of us use UPI apps daily to make instant payments or transfer funds. UPI has made the money transfer process easy and convenient. However, with reports of the Indian government planning to levy a 1.1% fee on Merchant banks for UPI transactions above 2,000 Rupees it looks like UPI users are not happy with many saying they will stop using UPI if the ruling is passed. Watch in for more details!

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