![]() All peer-to-peer transactions using GPay, Paytm and PhonePe shall remain unaffected. ![]() Many have a common question that will it impact people using payment options like GPay, Paytm and PhonePe? Ameet Venkeshwar further said, “it will not impact customers. The extra charge will be borne at the merchant’s end," Venkeshwar said. This only applies to UPI transactions made to a merchant. All bank-to-bank transactions will still remain free of any charges. This will also be applicable while loading the digital wallets using the UPI mode. ![]() “Any transaction above Rs 2000 and done through UPI using PPI mode only that is using any digital wallets like Paytm, PhonePe, etc will be charged at 1.1 per cent. ![]()
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