New Delhi, March 27 -- Despite the recent United Payments Interface (UPI) outage that triggered around 2750 complaints, digital payments continue to be the life for many - be it householders or street vendors. In 2024, India recorded 208.5 billion digital payment transactions, of which the volume of UPI transactions was 17,221 crores.

But when asked if people were still willing to use UPI if a transaction fee was levied by the government, majority of them said no.

According to a report by Local Circles, 73 per cent of the Unified Payments Interface (UPI) users will stop using the payment mode once the transaction fee has been implemented.

Interestingly, 40 per cent of the survey respondents further stated that they have been charged a ...