Regulatory Concerns Over PhonePe and Google Pay's Duopoly in UPI

Regulatory Concerns Over PhonePe and Google Pay's Duopoly in UPI

The Times of India

govt has been unequivocal in stating that there is no proposal to levy fees on UPI transactions. Fintech companies expressed concerns to FM Nirmala Sitharaman about the lack of earnings in UPI despite spending on customer acquisition.

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