Calls for tiered charges on UPI reach Parliament as govt incentives seem insufficient

A parliamentary committee has recommended introducing tiered charges for UPI transactions to address a significant funding gap and slowing growth. While the government maintains UPI is a ‘public good’, industry players argue that subsidies cover only a fraction of costs.

Calls for tiered charges on UPI reach Parliament as govt incentives seem insufficient
A parliamentary committee has recommended introducing tiered charges for UPI transactions to address a significant funding gap and slowing growth. While the government maintains UPI is a ‘public good’, industry players argue that subsidies cover only a fraction of costs.

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