HDFC Bank Likely To Reconsider Decision of Charging UPI Payments
Shital Jibhe / 08 Jun 2017
After a request by the National Payments Corporation of India, HDFC Bank is reportedly reconsidering its decision to charge Unified Payments Interface (UPI) based transactions.
After a request by the National Payments Corporation of India, HDFC Bank is reportedly reconsidering its decision to charge Unified Payments Interface (UPI) based transactions.
The UPI has been receiving importance after the Government of India announced its demonetization scheme and the government is promoting it via BHIM (Bharat Interface for Money).
UPI reported 9.2 million transactions for the month of May, as against 6.9 million in the previous month and according to industry experts, imposing such charges may impact
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