πΈ RBI Governor warns about UPI transaction costs
The Reserve Bank of India (RBI) Governor has stated that the costs associated with UPI transactions must be borne by someone. This comment comes amidst ongoing discussions regarding the operational expenses of the digital payment system. No specific numbers or dates were provided in the recent statement. The Governor's remark highlights the need for clarity on who ultimately covers these processing fees. Future regulatory decisions will likely depend on addressing these cost allocation issues. πΈ