Upi querry

Upi querry

43°
Missing
Deal Subedar
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1626
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This is regarding kotak bank
They have a new slab under which only 20 upi are free…

1…I would like to know if sending money is consider as upi transaction or receiving money is also consider as upi?
2…how will they charge it..at the end of the month or after each transaction?

Thanks.

3 Comments  |  
4 Dimers
Missing
Deal Subedar
75
1213
11

How will receiving will be counted?
Sending only.

Missing
Shopping Friend
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flawlessking wrote:

Yes would like to know the same

sending money is consider as UPI transaction

Also Note – UPI Merchant transaction is unlimited times FREE

UPI Merchant transaction means paid on any online websites/app or offline shops, restaurant, phonepe merchant acc, paytm merchant acc, bharat pe, Googlepay merchant acc etc is unlimited times FREE.

charges only for P2P transaction means bank to bank transfer only.

Missing