Reserve Bank of India

No plans to impose levy on UPI payments, says Finance Ministry

“Cost recovery concerns of digital payment service providers must be met by other means,” the ministry said in a statement

The finance ministry on Sunday called UPI services a “digital public good” and said the government was not considering charging them, four days after the Reserve Bank of India (RBI) released a discussion paper on charging fees in payment systems including UPI, NEFT and IMPS. While officials who were aware of the reasoning behind the …

“Cost recovery concerns of digital payment service providers must be met by other means,” the ministry said in a statement Read More »

The DigiSaathi was launched on behalf of a consortium of payment system operators and participants comprising banks and non-banking financial entities

DigiSaathi: UPI payment help number is now available on WhatsApp. All you need to know

The National Payments Corporation of India (NPCI) on Tuesday announced the establishment of a 24 * 7 helpline to assist with digital payment products and services. The helpline is called DigiSaathi and will also be available on WhatsApp for all customer information related to digital payment products and services. DigiSaathi was introduced on behalf of …

DigiSaathi: UPI payment help number is now available on WhatsApp. All you need to know Read More »

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