Narendra Modi's Government had all efforts to divert the people from using cash for their transactions. NDA government did a huge campaign on digital payments for 8 years and it was successful to some extent. Many people go out without cash in hand these days. Because whatever you buy, you can just scan it and pay through UPI. This UPI is not only a facility but also free. But soon this situation is going to change. Fees may also be levied on UPI transactions. The Reserve Bank has recently released a discussion paper on 'Charges on Payment Methods. People are asked to give their opinions and suggestions on this document by October 3. Are low charges a viable alternative to zero charges? If charges are charged for UPI transactions should they be as a percentage of the transaction? Or should it be a fixed amount? Or should the regulator control the charges? Or should we leave it to the market to decide? RBI has asked for opinions and suggestions on these issues. All charges relat...