Charges on UPI transactions? Finance Ministry gave the answer!

Charges on UPI transactions?

UPI transactions will also be charged! Transactions through UPI will become expensive! Now UPI is no longer a free service!

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For the past few days, you must have also read something about this on social media or heard such a thing from people.

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On this news, the Ministry of Finance has given its reply to the country by tweeting one after the other.

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The Finance Ministry said that UPI is a matter of public digital interest. It has given good facilities to the general public.

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The Finance Ministry said that there is no discussion in the government regarding the levy of charges on UPI services.

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According to the Ministry of Finance, the government had given financial assistance last year for the digital payment ecosystem.

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To increase the use of digital payments, the government will also provide financial assistance to UPI services this year.

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A few days ago, the Reserve Bank of India sought feedback from people regarding UPI payments and charges.

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Due to this confusion arose among the people that the government is going to charge fees on UPI as well.

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So let us tell you that UPI transactions will still remain as free as before. The government will not charge any fee for this.

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