Pay Up! Google Pay Charges a Fee for UPI Payments in India
Google Pay is one of the most popular apps used to make UPI payments in India. You can pay your friends or family and even buy products from the store using the platform. But it seems that Google Pay is now ready to start charging its users if they make certain types of payments.
Reports over the past few days suggest that Google Pay will now charge a convenience fee that applies when you try to use the platform to pay for mobile top-ups.
Google hasn’t officially shared updates on these charges, but a quick look at social media suggests that many Google Pay users will have to pay a fee for their mobile recharges, which means adding Re 1 to Rs 3 to the price. charge value. We independently checked whether these charges are presented to all users, but it appears that only selected users are being asked to make changes.
In addition to this, the terms of Google Pay have recently been revised, and they talk about third-party payments, which for now only apply to mobile recharges, but will not be limited to this space in the coming months. Google Pay’s new payment terms and payments say this:
Payment participants or third party payments. Payment participants or third parties may charge usage or data transfer fees when using Google Pay. You are responsible for all such charges.
Google Payments. Certain transactions or use of Google Pay services may incur fees, including but not limited to mobile recharges. Before completing each transaction, you will be notified of any potential fees. Fees may be determined at Google’s sole discretion, and all fees charged are inclusive of all applicable taxes.
Google Pay isn’t the first app to raise these fees. Apps like Paytm have been charging for quite some time now. But these payments will definitely become a problem for users, especially if they rely on UPI payments for large transactions. People may have to rethink their decision to use Google Pay or other UPI apps that charge these fees.
Despite this, UPI payments have become used by millions of people in the country, which means that the strain on the system needs to be offset by higher investments in the technology that keeps the payment function running.
