Govt to release policy on digital payment fee soon: Watal

NITI Aayog to launch 3-year action plan from April 1
NITI Aayog to launch 3-year action plan from April 1

NEW DELHI: The Government will soon come out with a policy on the fee being charged for different modes of digital payments, a Niti Aayog official said today.

Government think tank Niti Aayog has submitted a research report on digital payment trends and challenges to the Government.

According to the research report, one of the major issues impacting digital transactions is the fee on digital payments. Digital payments through RTGS, NEFT and debit cards attract different charges.

“The Government is currently evaluating these charges and will soon come out with suitable policy suggestions,” Niti Aayog Principal Adviser, Social Sector, Ratan P Watal said at an event here.

“In the research report, we (Niti Aayog) have also recommended that the digital payments data should be disseminated at a disaggregated level,” Watal, the former finance secretary, said. (AGENCIES)