Lets ensure no charges on UPI
We must fight tooth and nail to ensure that Govt doesnt permit platforms and banks to charge MDR fee to merchants on upi transactions as captured in LC survey
https://www.localcircles.com/a/press/page/upi-payments-survey
Because if we dont raise hell Govt could allow the same and then same old story, atm se cash please give will say the merchant because UPI mein charge lag jayega.
Let us ensure UPI stays free for consumers always and free for merchants. If merchants buy insurance or take loan, charge them more
https://www.localcircles.com/a/press/page/upi-payments-survey
Because if we dont raise hell Govt could allow the same and then same old story, atm se cash please give will say the merchant because UPI mein charge lag jayega.
Let us ensure UPI stays free for consumers always and free for merchants. If merchants buy insurance or take loan, charge them more
Viewed by 1952
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I will use other channels or revert back to cash transactions, if UPI payments are taxed. I think the Govt has already taxed ATM withdrawals above a certain amount, but going back to cash transaction may still be cheaper. Besides all traders will be happy as they can hide their income. more
Sep 26
Every facility comes at a price. Money is required to develop a system and upgrade it. Upto Rs.1000.00 it should be free. Upto Rs.5000.00 service charges should be Rs.1.00 per transaction which should be borne by the receiver. It will help in making digital India a success. more
Sep 26
UPI replaced cash transactions. With cash transactions the government had printing, handling and replacement costs. At a fraction of that cost, UPI service can be run. The government should not start doing business in everything. There is a implied social cost on legal tender which the government has to absorb. more
Sep 26
Lets have communist rule where no one get any money or paid for any services. people will work free in offices and get fixed ration , nothing more in life more
Sep 26
