PhonePe says UPI payments will remain free for you
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PhonePe co-founder and CEO Sameer Nigam has clarified that Unified Payments Interface (UPI) payments will continue to be free for consumers.
The statement comes amid a debate over the Merchant Discount Rate (MDR) on certain UPI transactions.
The proposed levy has raised concerns over potential consumer charges for using UPI, India's most popular digital payments platform.
The statement comes amid a debate over the Merchant Discount Rate (MDR) on certain UPI transactions.
The proposed levy has raised concerns over potential consumer charges for using UPI, India's most popular digital payments platform.
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