New UPI fee to squeeze margins, will pass on cost to customers, say traders | Gurgaon News
The revised framework, which comes into effect from Oct 15, applies to specified person-to-merchant (P2M) UPI transactions above Rs 2,000 Gurgaon: Centre’s decision to introduce a 0.4% fee on specified UPI payments above Rs 2,000 has triggered concern among traders. Though it is supposed to be borne by the merchant, several businesses across Gurgaon that…
