UPI MDR Explained: Will Customers Pay More for Digital Transactions?
Reports of “UPI charges” have sparked concern among users, but the latest notification makes one thing clear: UPI stays free for users.
NPCI
‘Google Pay is a mere third-party app provider, no authorization required from RBI’; Delhi HC dismisses PIL to cease Google Pay’s operations
“A third-party app such as Google Pay obtains approval from National Payments Corporation of India (‘NPCI’) for operating on the UPI platform and RBI has issued the Certificate of Authorisation to the NPCI to operate various retail payment systems in India including UPI.”