FACT CHECK: UPI Transactions Over Rs 2,000 Will Be Charged At 1.1%, PIB SAYS MISLEADING NEWS

BrunGa

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FACT CHECK: UPI Transactions Over Rs 2,000 Will Be Charged At 1.1%, PIB SAYS MISLEADING NEWS PIB has tweeted, “there is no charge on normal UPI transactions”. It further clarified that circular is about transactions using Prepaid Payment Instruments (PPI) like digital wallets. 99.9% transactions are not PPI.
 
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