Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?

1 hour ago 2

At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.

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Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?

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