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Banks don't need to levy charges on digital payments like UPI, IMPS, NEFT, RTGS: Here is why

By Economic Times - 3 months ago
Charges on UPI, IMPS, NEFT, RTGS payments: Banks are asking the government either to support them in maintaining the ecosystem for digital payments or to allow them to levy charges on UPI payments. Banks are already levying charges on IMPS, NEFT, and RTGS transactions. However, due to digital transactions, banks are already making a huge savings.

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