Summary
This applies to the Unified Payments Interface and to debit cards that work with the national payment network.
The money saved helps improve security, stop cheating, and keep the system running smoothly.
Key Points
3 points1
No extra fees for digital transactions up to two thousand Indian rupees.
2
Applies to Unified Payments Interface and debit card payments.
3
Charges were used for security upgrades and system maintenance.
New Words to Learn
6 wordsUnified Payments Interface
a way to send money instantly using phones
Indian rupees
the money used in India
national payment network
the group that helps banks move money quickly
cybersecurity
protecting computers and money from bad people
fraud
when someone tries to steal money by cheating
infrastructure
the important technology and machines that make the system work
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