RBI Chief Says Small UPI Fee Won't Scare Off Users

RBI big boss Sanjay Malhotra announced that a tiny 0.4% fee on UPI transactions over ₹2,000 won't scare users away! Starting October 15, merchants will pay this charge, but no worries—transaction volumes should stay strong. Plus, person-to-person transfers remain free, so it's all good news for users!