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State funds to popularise digital payment appropriated by banks: PCI chief

Payment aggregators have received nothing, says Vishwas Patel as RBI discussion paper starts debate

UPI
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The RBI’s discussion paper last week sought feedback from stakeholders on the possibility of imposing a tiered charge on payments made through the UPI, based on different amount bands.

Mumbai
Payment aggregators popularised the Unified Payments Interface (UPI) but they have hardly earned any money from it, said an industry representative on Monday in response to a finance ministry statement

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First Published: Aug 22 2022 | 2:03 PM IST

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