It has come as a surprise: Google Pay on NPCI's 30% cap on UPI transactions
Google Pay India Business Head Sajith Sivanandan said NPCI's decision to impose a 30% cap on third-party apps' share of UPI transactions has "come as a surprise". Sivanandan added it has "implications for hundreds of millions of users who use UPI for their daily payments and could impact the further adoption of UPI and the end goal of financial inclusion".