India, Feb. 20 -- Google Pay, one of India's leading Unified Interface Payments (UPI) platforms has now introduced a convenience fee for bill payments made with credit and debit cards, according to an Economic Times report.
This refers to bills such as electricity and cooking gas and the fees ranges from 0.5 per cent to 1 per cent of the transaction value, along with the applicable goods and services tax (GST).
This comes after Google Pay earlier made the decision to introduce a Rs.3 convenience fee for mobile recharges more than a year back.
The move represents the slow shift to monetizing UPI transactions which have been free for a long time.
Google Pay is currently India's second largest UPI payments service in terms of both volume...
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