Three out of four users will stop using UPI payments if transaction fee is introduced: Survey

A survey report from research agency LocalCircles showed on Sunday, September 22, three out of four or 75 per cent of the Unified Payments Interface (UPI) users sampled will stop using the payment mode once the transaction fee has been implemented.

Out of the 15,598 UPI users sample size who responded to the question, 75 per cent said, “There should be no charge on UPI transactions, and I will stop using if a charge is introduced,” according to the LocalCircles survey report.