73% will stop using UPI if transaction fee is charged, reveals survey

A majority 73 per cent will stop using UPI if a transaction fee is levied on it, according to an online survey by LocalCircles.

LocalCircles on Sunday said the survey received over 34,000 responses from citizens in over 364 districts, comprising 67 per cent of male respondents and 33 per cent of women.

An increasing number of citizens are taking to UPI to make consumer-to-consumer and consumer-to-merchant payments. Whether it is paying the vegetable vendor or paying a hotel bill, Indians are scanning the UPI QR code and making their payments.