Centre Prohibits Banks, System Providers From Charging For UPI Transactions Up To ₹2,000
The Central government has prohibited banks and system providers from imposing charges on UPI transactions of up to Rs 2,000. Charges prohibited under law As per Section 10A of the Payment and Settlement Systems Act, 2007 (51 of 2007), the Central Government prohibits banks and system providers from imposing, directly or indirectly, any charges on a person making or receiving payments using debit…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
