Happy news for UPI users!!!

Happy news for UPI users!!!
Happy news for UPI users!!!

Recently Indian government announced charges for UPI payment, the government revised its decision on the recommendation of NPCI and extended it for 2 years.

National payments corporation of India has announced the UPI apps to act in accordance with the market cap rules of shares not exceeding about 30% .this news was released in 2020 and NPCI extended this comply to January 2023.

This rule states that no single UPI app has more than 30% share.NPCI has considered the time limit and users, and the timelimit to act in accordance with the app has again been extended to December 31, 2024, this is a piece of happy news for all UPI users.

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The top UPI apps like Google pay, and Walmart’s phone-pe can now able to work without the market cap rules. by taking this timeline they can enlarge the users of UPI.

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