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No plans to levy charges on UPI transactions, says Finance Ministry

'The concerns of the service providers for cost recovery have to be met through other means,' tweets the ministry

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Nikunj Ohri New Delhi
The Centre on Sunday said there are no plans to levy charges for making payments through Unified Payments Interface (UPI) while saying the service is a "digital public good with immense convenience".  

The Ministry of Finance on Sunday said the concerns of service providers for cost recovery have to be met through other means. 

"UPI is a digital public good with immense convenience for the public & productivity gains for the economy. There is no consideration in Govt to levy any charges for UPI services. The concerns of the service providers for cost recovery have to be met through other
Topics : UPI RBI

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First Published: Aug 21 2022 | 9:25 PM IST

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