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The Times of India
The Times of India
Business
TNN

No move to levy charges on UPI services: Finance ministry

NEW DELHI: There is no move in the government to levy any charges on UPI (Unified Payments Interface) transactions, the finance ministry said on Sunday. It asserted concerns of service providers for cost recovery have to be met through other means.

"UPI is a digital public good with immense convenience for the public and productivity gains for the economy. There is no consideration in the government to levy any charges for UPI services," the finance ministry said on Twitter in a series of posts.

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