- Current Affairs 6th April 2019. The NPCI has reduced the UPI usage charges to Rupees 0.10 from 0.25 for all small transactions less than Rupees 1,000/-.
And, for above Rupees 1,000/-, the charge retained at Rupees 0.50.
About NPCI
The National Payments Corporation of India (NPCI) is an umbrella organization for operating retail payments and settlement systems in India.
- Founded 2008
- Headquarters:- Mumbai, Maharashtra, India
- Non-Executive Chairman of NPCI:- Biswamohan Mahapatra
- MD & CEO of NPCI:- Dilip Asbe
Published On : 06 Apr 2019
Current Affair
