Tag: upi payment

Government confirms no charges will be levied on UPI transactions for users or merchants. UPI and RuPay debit cards notified as free digital payment modes under Income-tax Act, 1961. Govt has provided Rs.8,730 crore incentive support (FY21–FY25) to sustain the UPI ecosystem.

UPI overpayment scams are becoming increasingly common, targeting unsuspecting users by sending small fake transfers and tricking them into sending money back or revealing sensitive information. Here’s how these scams typically work — and how you can stay protected. 🔍 How the Scam Works: Fake Transfer: A scammer sends a small amount of money to…