Cong slams govt 'Stage being set for levying UPI transaction fee'

The Congress on Tuesday raised questions over the government’s notification on UPI transactions, claiming that the stage is clearly being set for people to pay a fee for such transactions and asking whether this is being done to open digital payments for American firms to “appease” US President Donald Trump.

The opposition party alleged that the government has yet again shown a complete lack of honesty and transparency and has broken the trust of



users.

The opposition party’s attack came after the government directed banks and payment system providers not to levy charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or on payments made through RuPay debit cards.

However, the government has not specified whether charges would be applicable to transactions above Rs 2,000, to be paid by merchants. So far, there has been no charge on UPI transactions, irrespective of the amount.