Question
The government may consider a _____ uniform digital
payment facilitation fee to fund the infrastructure required for such transactions and also to ensure financial viability of the UPI payment system.Solution
The government may consider a 0.3 per cent uniform digital payment facilitation fee to fund the infrastructure required for such transactions and also to ensure financial viability of the UPI payment system, suggested a study by IIT Bombay.The facilitation fee of 0.3 per cent can generate around Rs 5,000 crore in 2023-24
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