Many social media users have claimed that UPI transactions over Rs.2000 will be charged 1.1% as interchange fee from 1 April 2023. However, we found that UPI transactions remain free of cost. Only PPI merchant transactions over Rs.2000 will be charged 1.1% as interchange fee. Social Media Narrative View post here – Instagram | Archived […]
Continue Reading
RBI’s official spokesperson confirmed to us that the viral video is edited and this is not RBI Governor’s voice. A video allegedly showing the Governor of the Reserve Bank of India (RBI)- Shaktikanta Das showing him cautioning mobile payment users about application and payment fraud is widely circulating on social media. The viral video shows […]
Continue Reading
Social media is flooded with several screenshots, messages and audio claiming to be transaction requests from banks, apps such Google Pay, PhonePe and Paytm. Recently we came across two such viral posts one claiming to be from Paytm which is a KYC expiration message which says that the user’s account will be blocked. The second […]
Continue Reading