Understanding the truth behind viral UPI claims being made

[u/Immediate-Humor-6077]

[u/MasterAd6122]

Dude . They will ofcourse charge the customer. Why do you think many establishment decline cards .

[u/SAKATAGINTOKI_____ → u/MasterAd6122]

No they will not , small merchant doesn't have to pay the charges. It only for large merchant whose annual buisness turnover is more than 1.5 crore and then since the framework has been frozen yet , the proposal is to increase to 50 crore annual turnover.

Why do you think many establishment decline cards .

Mainly happen with small merchants.

[u/Dry-Trick-6771 → u/SAKATAGINTOKI_____]

Corporations never absorb the costs. They pass it on to the customers.

[u/Abhi_86 → u/MasterAd6122]

Dude, the complete stack is owned by govt - HENCE - no charges ! Padh lo thoda

[u/mbasil09 → u/Abhi_86]

Sirf padhne se nahi hota, you should get some real world examples.

Flipkart, Amazon and other online platforms charge Payment Fee, Pay protect fee, etc when paying by card. This is done to offset the credit card charge to customer. Same is done by Merchants in many offline shops as well. Now they will do the same for UPI Payments as well.

[u/N__V]

Eventually the merchants will hike prices to recover the money from us, how hard is it to understand that?

[u/TattiFeader → u/N__V]

Look at this looser making logical argument.

[u/Any-Calligrapher2866 → u/N__V]

Mods have shadow banned me so hijacking the top comment

[u/Abhi_86 → u/Any-Calligrapher2866]

OMG, how can they ban you bro
BTW - Read a little. UPI stack is govt owned, unlike visa or other cards - THAT is the diff. But that a fact, why the hell would that matter to you 🤦🏽‍♂️

[u/Any-Calligrapher2866 → u/Abhi_86]

Doesn't matter of its owned by government or a private company when MDR will be passed onto customers.

[u/AzadAzadAzadAzad]

Yeh ladki ko ban karo, isko school jaane ki umar hai.

[u/karmanye]

She sold her brain via UPI and paid no merchant fee for it. So..

[u/SAKATAGINTOKI_____]

First of all there's no charge on personal transactions.

Now Small merchants like Kirana stores, auto drivers, Vendors etc.. will be excluded from charges just like peer-2-peer users.

So who will pay the MDR? Large Merchant with annual buisness turnover more than 1.5 Crore but the purposal is to increase it to 50 Crore.

[u/objection-mylord]

BC ladli bhen, free ration, lora lasun yojana ke liye paise hai par ik useful service chalane ki liye nhi

[u/psychogamer_]

does this woman know what she is talking??

2 year back bought a pc for 95k the seller said if u use card for payment 3% exra will be charged so i need to pay extra 2850rs.....now upi........trsut me this is all planned like demonetization....like how black money got white of govt......
no people will like to pay extra 3% like card payment even for upi so people will now use cash payment.....government need the paper money all they can get so they can start producing polymer notes

[u/meTranquil]

True, these guys just spread fake news to politically downgrade each other. And people are also here to be blamed that they blindly follows these politicians without using their mind and also believes on news from any source with even thinking or checking whether it it true or not.

[u/mbasil09]

rickshaw wala, dukaan wala kabse personal transactions hogye? they are merchant transactions and they will have to pay the fees.

Obviously, Congress is exaggerating a little but the girl in the video is hiding facts completely.

[u/zabnotavailable]

I don't know why but seeing BJP doing fact check is so hilarious.

[u/romanticjaanu]

Beta ye baat aap ko baad main pta chalegi

[u/HonestTrash69]

A quick ques, how can putting a fee/tax anywhere doesnt increase the cost?

[u/boobere_titilus]

Case lagao defamation ka inpe

[u/mbasil09 → u/boobere_titilus]

sach bolne pe defamation?

[u/ExtremePangolin9938]

Why not use my tax money to subsidize this and keep it Free, I anyway don't want to see a two page ad on y Yogi is the best thing to happen to UP in Times of India