Paytm assures customers they will not pay transaction charges for UPI

  • Paytm has cleared the air on UPI transaction charges.
  • A circular by NPCI states that any UPI transaction of more than Rs 2,000 via prepaid payment instruments (PPI) like online wallets or pre-loaded gift cards, among others, will carry an interchange fee of up to 1.1 per cent of the transaction value.
  • Paytm has assured customers that they will not have to pay any charges for UPI transactions.


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