Hotness UPI Is No Longer Free – Upto Rs 5 Per UPI Trans...

Hot Deal UPI Is No Longer Free – Upto Rs 5 Per UPI Transaction Will Be Charged From You

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24 Dimers
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Tech Guru
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Lets look at things from an exceptional imperial point of view..

How can I ask you to pay a tax for every breath you take? remember they tried this and it sort of works and a great deal of money changes hands.. You can even sell it like you don’t breath in enough and some fat guy needs more air, you can sell him your air.. Was supposed to get a strangle hold on the planet.. But too much opposition especially from the Chinese.

Now there was another idea.. How to tax every transactions on the planet..

This idea has been floating around for 25 years now. And local UPI is the lawn to the taj mahal.. There is a lot more to come. Just like how you can buy and sell stocks and half a dozen entities in between gets their cut even though it is supposed to be a direct sale between buyer and seller, did you know that the house buys what you sell and sells you what you buy and not the real buyer or seller in most cases? Even the UN was involved but I highly doubt goldman sacks would allow a freeloader like the UN to have any control over the planet.

The game here is much bigger than small irrelevant indian banks or even india which also is irrelevant in the grand scheme of things. But its a great test bed as bill gates found out to test out his medical research business which might end up being more valuable and a monopoly than Microsoft.

What is worse is even Russia and China would get sucked into it just like they are all stuck using swift for any international transaction.

If any Indians were involved in the architecture of this, he most likely did not even grow up in India and would be one hell of an innovator like Tesla, which means he works for goldman sacks and not for anyone in india.

Although GS is far smaller than JPM, who seem to hire second tier braniacs who publish their synopsis while JPM who controls like the entire money supply on the planet many times over seems to hire potential candidates before they even have the time to get as far as presenting their innovative ideas for submission for research. I cant believe they became so big but hardly anything leaks out about them.

Redhat
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marketdimer wrote:

Are you sure tech guru ji because UPI is still free by ALL banks.

Even NPCI claims that UBI charges NIL (but ofcourse)

https://www.npci.org.in/united-bank...ia
surprised

Thank you for the follow up but it’s only UBI who is charging those petty amounts for using third party apps – will try with BHIM United UPI Pay. My only concern SBI not charging anything for using third party UPI app – may be UBI is in dire need to finds.

Glitterimagescartoons55
Deal Cadet
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knew this would happen.
long back there was proposal to charge per bank transaction instead of income taxes.

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Deal Subedar
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marketdimer wrote:

Are you sure tech guru ji because UPI is still free by ALL banks.

Even NPCI claims that UBI charges NIL (but ofcourse)

https://www.npci.org.in/united-bank...ia
surprised

So can anyone confirm how we will be charged for our upi txns?
Is it max 30 txns per month for all banks ?
If paying via bhim void these txn charges?

TIA.
#JJ wink

Missing
Deal Cadet
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Interesting to know that this topic became a government bashing point !

Disappointed to know that for almost everyone on this thread Digital India only means UPI/Digital Payments. It is a failure on the part of Government that it could not publicize Umang. I guess nobody knows about Umang. I am sure no one knows that Digital India helps save Rs.10 per cylinder of gas refill. Digital India helps save 10% in Propery Tax in many cities in Maharashtra (I clearly remember that Pune Municipal Corporation was charging 2.5% extra on Property Tax if paid by any means other than cash). Digital India helps save on Electricity Bill by MSEDCL. We dont appreciate an instant refund from Income Tax because of Digital India which was taking more than 8 months earlier. We have no clue on how cumbersome, time consuming and corrupt system it was when we have to withdraw/transfer our own money in EPF which is now completely streamlined after Digital India. No one knows that how Digital India has curtailed the age old corruption in all Government bids. I am sure Government is failed to explain how it helped India to save about 70,000 Cr./year, every year, using Digital India campaign. Sad.

Cropped7235903534195399961
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#Update Now UPI turn over.

Its time to turn PayTM. (Some people saying if we done merchant transactions it will not charge. Not confirmed)

According to RBI guidelines from tomorrow onwards every UPI transaction will be charged 2.5% +gst

Source: ABPB Bank CC

Note: First 30 transaction will be free in months.

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BLANCO wrote:

#Update Now UPI turn over.

Its time to turn PayTM. (Some people saying if we done merchant transactions it will not charge. Not confirmed)

According to RBI guidelines from tomorrow onwards every UPI transaction will be charged 2.5% +gst

Source: ABPB Bank CC

Note: First 30 transaction will be free in months.

2.5%!!!!!
R u sure about the data

Puss in boots and kitty
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after the elections government will loot people very badly its like (ROI) return on investment on election black money which they have invested….hope so people have to reunite and make a revolution

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