If UPI is free, how do apps like Paytm, PhonePe and Google Pay make money?
In India today, it is hard to find someone who does not have a UPI (Unified Payments Interface) app on their phone. From small tea stalls to large shopping malls, people make payments within seconds using apps like Paytm, PhonePe and Google Pay. For users, these payments feel completely free. You simply scan a QR … Read more