If you are sending money to your friend, there will be no charge. But if you're trying to buy a pack of biscuits using u p i, it's possible merchants may put a board on top titled u p i only for trans actions above 100 rupees. Once again, the ar bi has explicitly stated that they haven't taken a call and this is simply an exercise in understanding public opinion. Maybe we will just have to wait and see what happens.
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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