Government Weighs Charges On UPI Payments Over Rs 3,000

[SSV]

Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000

This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.

www.ndtv.com

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[pjrockzzz]

People will do multiple times, to pay 6k, they pay 3k twice 🤣

 

[SpaceBar]

People will do multiple times, to pay 6k, they pay 3k twice 🤣

Then they will limit the number of transfer per day! Nah. Not possible.

 

[S U D O]

Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000

This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.

www.ndtv.com

.

View attachment 100128
View attachment 100130

Back to square
Just like any startup
(Pehle free deliveries, zero fees and then min order, platfom fee, surge, etc etc)

 

[TheGuyTheGuy is verified member.]

What is the use of Taxes if not public benefit?

I wager the cost of per UPI transaction would be extremely miniscule.
Brain dead thinking. Govt covers cost of Note Printing, UPI would be fraction of that.

If we are talking about charging Merchants whose turnover is more than ₹ 50Cr, then it is alright. They already pay MDR to Visa- MasterCard.

@Abhishek012 your take on this?

 

[ramirami]

Possibly Trump trade deal pressure. MasterCard / Visa have been complaining and RuPay /UPI have featured in diplomatic talks before.

 

[Abhishek012]

What is the use of Taxes if not public benefit?

I wager the cost of per UPI transaction would be extremely miniscule.
Brain dead thinking. Govt covers cost of Note Printing, UPI would be fraction of that.

If we are talking about charging Merchants whose turnover is more than ₹ 50Cr, then it is alright. They already pay MDR to Visa- MasterCard.

@Abhishek012 your take on this?

I saw this article/news yesterday morning.

For the past 5 years, there have just been new dramas going on.

No one actually knows what the real MDR will be or who it will apply to.

Every few months, new opinions and rules are presented but nothing concrete ever comes out of it.

People are just wasting their time and energy.

That's why, only once MDR is actually imposed, then it’ll be worth talking about.

 

[SSV]

Paytm share price cracks 10% after FinMin dismisses report of MDR

https://www.livemint.com/market/stock-market-news/paytm-share-price-cracks-10-after-mdr-clarification-11749700627430.html

Subscribe to the exclusive Mint Premium 1 year plan using this link at ₹ 500 off - https://www.read.ht/Sb5N
Download Live Mint app today for latest Business News, click here. https://mintiphone.page.link/x9HN

 

[Abhishek012]

Paytm share price cracks 10% after FinMin dismisses report of MDR

https://www.livemint.com/market/stock-market-news/paytm-share-price-cracks-10-after-mdr-clarification-11749700627430.html

Subscribe to the exclusive Mint Premium 1 year plan using this link at ₹ 500 off - https://www.read.ht/Sb5N
Download Live Mint app today for latest Business News, click here. https://mintiphone.page.link/x9HN

This drama has been going on for the past 5 years.
That's why we’ll talk only once MDR is actually imposed on UPI.