Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards

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Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards

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Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bill payments for services such as electricity, piped gas, and water.

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Pay’s Convenience Fees on Bill Payments

According to a

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by the Economic Times, the

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-owned UPI platform will charge users between 0.5 to 1 percent of the transaction value as a convenience fee, along with applicable GST on utility bill payments. It is reportedly labelled as a “processing fee” for debit and credit card transactions.

With this move,

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Pay has followed in the footsteps of other UPI platforms such as Paytm and PhonePe. While the former levies a charge between Rs. 1 to Rs. 40, the latter charges the same as

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Pay on bill payments via debit and credit cards. Citing an individual familiar with the matter, the report claims that the addition of the convenience fee indicates a shift towards making it a common industry practice.

As per a PWC analysis,

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Pay and other UPI platforms incur a fee of 0.25 percent of the total transaction value while processing peer-to-merchant transactions. While

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Pay previously covered this fee on the user’s behalf, it will now charge them between 0.5 to 1 percent, depending on the transaction type and value. However, the company emphasises that this only applies to debit and credit card payments and payments made via UPI-linked bank accounts remain unaffected.

Notably, 16.99 billion UPI payments in India were reportedly recorded in January 2025, amounting to a total of Rs. 23.48 lakh crore. This is said to be an increase of 1 percent in terms of the transaction value compared to December 2024.

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#Pay #Reportedly #Levies #Convenience #Fees #Bill #Payments #Credit #Debit #Cards

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