A survey report by LocalCircles in March revealed a startling fact: more than 70% users may stop transacting via UPI if there is a fee! The debate over fees for UPI transactions drew everyone’s attention in August 2022 when the Reserve Bank of India (RBI) released a discussion paper proposing a tiered fee structure for UPI payments. https://www.fsstech.com/knowledge-hub/blog/the-upi-fee-debate-striking-a-balance-between-affordability-and-sustainability