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How Do UPI Apps and NPCI Make Money? | Ateesh Tankha | Podcast Clip | The Big Story 

The Quint
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Have you wondered how NPCI - the company that owns the UPI network - makes money? Tune in to the full podcast to find out some interesting stories around the biggest payment revolution of our times.
Full episode: • Should Consumers Pay F...
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6 сен 2024

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Комментарии : 4   
@kamalikapoddar
@kamalikapoddar 4 месяца назад
This was actually incorrect information! Every UPI transaction that goes through, the remitter bank pays something called “switching fees “ to NPCI for connecting the payer to the payee’s account and pass on that incoming transaction data to them. Is it much cheaper than what card networks charge? Yes. Typical debit card transaction costs the merchant 1.2% while credit card can go up to 3.5% also. In contrast UPI switching fees is 0.8%
@tiaussardar8192
@tiaussardar8192 2 дня назад
Can you please tell how banks make money on upi transactions in b2b model?? Like fino payments bank?? Thank you.
@gpaulatheist
@gpaulatheist Год назад
UPI indirectly makes money , they helped the GOI to monitor financial activities through digitization .
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