In a significant move, UPI platform Google Pay has introduced a convenience fee for electricity, gas bill payments which will charge customers who have till now been using the platform for free when doing low-value transactions, a report by Economic Times said.
The charges will apply to debit and credit card payments with the fee that will range from 0.5% to 1% of the transaction value and also the applicable GST. This comes after Google Pay had in 2023 decided to introduce a convenience fee of Rs 3 for mobile recharges.
Further details on this matter are awaited.
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