Original topic:

One more Scam

(Topic created on: 10-24-2021 06:12 PM)
607 Views
ムBHINムV
Expert Level 2
Options
Community Guidelines
PhonePe is now charging processing fee for mobile recharges: Check details The company is the first digital payments app to have started charging for UPl-based transaction which is being o#ered for free by its competitors.

image


13 Comments
ムBHINムV
Expert Level 2
Community Guidelines
Yeah den yonosbi pe jayenge
0 Likes
Community Guidelines
What About Samsung Pay With Wireless Payment
0 Likes
ムBHINムV
Expert Level 2
Community Guidelines
I think it's not applicable on BHIM only phonepe charging on upi
0 Likes
Sid_Karna
Expert Level 5
Community Guidelines
Brothers this is a MISUNDERSTANDING. This happens due to a latest Govt policy that banking apps who hold 30 percent of the market share will have to pay some fine to the govt. This law is made so that there won't be any monopoly on the online mobile banking sector. As of now phone pay and Google pay belongs to this category. So they will charge us the processing fee etc EXACTLY TO REDUCE their market share. Soon Google pay will also start charging.

Please accept this as the solution so that others can also understand the reason. Thanks.

The relevant news link : https://m.economictimes.com/tech/technology/npci-enforces-new-market-share-rules-on-upi-for-google-p...
0 Likes