No charges on transaction through UPI: NPCI


National Payments Corporation of India (NPCI) on Friday said transaction through Unified Payment Interface platform would continue to be free.

Reports that UPI transactions will be charged from January 1, 2021 are incorrect, NPCI said in a statement.

Presently, no charges are levied on transaction done through UPI.

NPCI continues to perform uninterrupted and convenient UPI transactions, it said. Set up in 2008, NPCI is an umbrella organization for operating retail payments and settlement systems in India.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Support Quality Journalism.

*Our Digital Subscription plans do not currently include the e-paper, crossword and print.

.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.