In two days episode, we see if the ar bi is mulling over an idea that could have an adverse impact on u pi transactions. They are seeking feedback on a proposal that would allow banks and other institutions to impose a fee on certain u p i transactions. And that could have a massive impact on the u p i eko system. In 20 16, digital payments weren't exactly ubiquitous. People used cash more often than not for high valued transactions. But then in 20 16, up i was born. All you needed was another card and a mobile phone number linked to your bank account. Indians loved it. From a measly 38 lack rupees worth of transactions in july 20
In today’s episode for 19th August 2022, we see if the RBI is mulling over an idea that could have an adverse impact on UPI transactions.
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