UPI users take note! Google Pay introduces convenience fee for these transactions – The Times of India

UPI users take note! Google Pay introduces convenience fee for these transactions – The Times of India

Introduction of platform fees for bill payments by Google Pay indicates a wider movement towards monetising UPI transactions. Google Pay, a prominent UPI (Unified Payments Interface) platform, has begun implementing a convenience fee for utility bill payments, including electricity and cooking gas bills. Previously free for low-value transactions, the service now charges between 0.5% and…

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UPI records over 15,000 crore transactions from January to November 2024 – Times of India

UPI records over 15,000 crore transactions from January to November 2024 – Times of India

NEW DELHI: The Ministry of Finance on Saturday revealed that the Unified Payments Interface (UPI) completed 15,547 crore transactions between January and November 2024. These transactions amounting to Rs 223 lakh crore reflect UPI’s transformative impact on financial transactions across India.UPI is driving a global revolution, not only expanding across international markets but also positioning…

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