In a statement on Friday, the Ministry denied that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
Sachin Bansal slams WhatsApp & Amazon for their poor integration of Unified Payments Interface (UPI) payments limiting the impact in India's fintech space.
At the Global India AI Summit 2024, Union Minister Ashwini Vaishnaw announced plans for a UPI-like AI platform. The government aims to ensure accessible technology and combat AI-driven misinformation.
A new IIIT Delhi study has found that we are overspending because of the UPI. 74% of individuals surveyed claimed they were spending more since adopting the e-payment system.