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Do you need to pay any charges on UPI transactions?

Join my Insta❤️Fam: https://Instagram.openinapp.co/aravin... Join my 💙Telegram channel: https://t.me/aravindsuriya 🔷The National Payments Corporation of India (NPCI) recently released a circular in which it recommended a 1.1 per cent interchange fee on certain merchant UPI transactions above Rs 2,000, made using prepaid payment instruments (PPI) like online wallets. 🔷As per the circular issued on March 24, the changes will come into effect from April 1, 2023 and the above pricing will be reviewed on or before September 30, 2023. 🔷The interchange charges introduced are only applicable for PPI merchant transactions and there is no charge to customers, and it is further clarified that there are no charges for bank account to bank account based UPI payments (i.e. normal UPI payments Hidden videos to grow📈 your YouTube Channel: https://vidiq.com/planfree Learn how to analyse🔎 your YouTube analytics for FREE: https://www.tubebuddy.com/learn100 My 🎒Kit: MAONO AU-A03 🎙️Condenser Mic (Black): https://amzn.to/3YIdnaa Ring 💡Light with Tripod Stand: https://amzn.to/3Z4RstL Boya M1 Mic🎤: https://amzn.to/4158XMc Poco📱 X3 Pro: https://amzn.to/3KiQzJR 3 Books you must read: The Disciplined 📈Trader: https://amzn.to/3EjxpQi The Psychology🧠 of Money: https://amzn.to/3lNsYXj The Richest🤴 Man in Babylon: https://amzn.to/3IvqQMV