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The National Payments Corporation of India (NPCI) has issued a circular in which it suggested "Prepaid Payment Instruments (PPI)" fees on merchant transactions on #UPI. The governing body of the UPI payment system added that the PPI fees would be levied on transactions above ₹2,000 on UPI. It will result in an interchange at 1.1% of the transaction value. LINK IN BIO for full story. #IndiaNews #GooglePay #Paytm #InstaWithHT

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#UPI. #IndiaNews #GooglePay #Paytm #InstaWithHT