Beware mobile gamers! You may not be able to shop for less than Rs 50 on games via UPI
Highlights Gamers won’t be able to shop for Rs 50 or less on gaming apps via UPI. The NPCI is taking the decision to moderate UPI volumes. The craze of fantasy leagues is likely to have aggravated the situation. Gamers won’t be able to shop for Rs 50 or less on gaming apps via the Unified Payments Interface (UPI) because the UPI-governing body, the National Payment Corporation of India (NPCI), is reportedly planning to ban all such transactions. The rule is likely to be announced soon. The NPCI is taking the decision to moderate UPI volumes that have taken off since the first set of l...