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‘UPI infra mostly shared, costs can’t be singled out’
MUMBAI: State Bank of India chairman CS Setty on Friday said it is not possible to quantify the increase in operating costs due to UPI causing a higher volume of transactions to hit the bank’s IT systems, even as debate intensifies over introducing charges on UPI merchant payments.
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thehindu.com
RBI has funds to pay for UPI platform without having to charge merchants, customers
RBI has sufficient funds to maintain the UPI platform without charging merchants or customers, despite proposed transaction fees.
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timesofindia.indiatimes.com
‘UPI infra mostly shared, costs can’t be singled out’
MUMBAI: State Bank of India chairman CS Setty on Friday said it is not possible to quantify the increase in operating costs due to UPI causing a higher volume of transactions to…
