According to the report, Google Pay has charged convenience fees from users for payments such as electricity bill, gas bill. However, this recovery has been made when the user has paid these bills through credit card. Users who pay electricity and gas bills through credit or debit card are now being charged fees.
UPI payment: A large part of the country’s population uses UPI for daily transactions. Now not only can payments be made at shops through UPI, but many important tasks can also be easily completed. Google Pay, the country’s second largest UPI payment company, is charging convenience fees from users for many services. But it has been seen that most of the users of Google Pay are unaware of the convenience fees being charged for different services. According to a report by Economic Times, Google Pay has charged its users for those services which were completely free earlier.
You will have to pay separately for these services
According to the report, Google Pay has charged convenience fees from users for payments like electricity bill, gas bill. However, this recovery has been done when the user has paid these bills through credit card. Fees are now being charged from users who pay electricity and gas bills through credit or debit cards. Let us tell you that UPI payment companies are already charging fees for mobile recharge. Apart from Google Pay, PhonePe and Paytm are also charging fees from customers. This fee can be from 0.5% to 1% of the transaction value. Not only this, GST also has to be paid for these services.
Fees will have to be paid only if payment is made by card
Google Pay provides the facility of many types of bill payments. However, there is no option to pay by card for many payments on this platform. If Google Pay users pay the bill through their credit card or debit card, then they will also have to pay the fee. However, if they make payment directly from UPI linked bank account, then they will not have to pay the fee. Let us tell you that PhonePe is at the first place in the list of major companies providing UPI services in India, followed by a total market share of 47.8 percent. Google Pay is at the second place with 37 percent share.
