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Do we need to pay 1.1% fee on transactions above 2000? this is a question most of the people are asking now. this question arises after the press release of npci that is the national payments corporation of India. people think that they have to pay a transaction fee of 1.1% for the transactions about rs 2000. but I have given the information about what kind of transactions you have to pay and who should pay. upi to upi transactions are completely free and if you purchase anything in shop via PPI that is prepaid payment instruments like Paytm wallet phonepe valids or credit cards at transaction fee of 1.1% will be deducted from the merchants account not from the customers account. explain the video in Kannada. Watch this video so that you can clear your doubts.
#npci #upi #wallet
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Points Covered In This Video-
npci new regulation in Kannada
npci new press release kannada
new npci rule kannada
transaction fee 1.1% kannada
Paytm wallet kannada
phonepe wallet kannada
credit card to upi payment kannada