Pocket money with UPI payments.. Do you know how? | Telugu News

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Pocket Money With Upi Payments Do You Know How

In today's time, everything in cash transactions has gone digital. Money related transactions have become easier to pay with a mobile in hand. Once upon a time, we used to carry money with us whenever we wanted to buy anything. But now just having a mobile is enough.. no matter how big the amount is.. can be sent from the mobile. However, some financial experts say that although it seems very easy to transfer money like this, it is causing holes in the pockets of the consumers. Let's see how..

Apps like Phone Pay and Google Pay are popular for money transfer from mobile. Until recently there was Paytm. But due to RBI restrictions, its use has decreased. In this background, Google Pay and Phone Pay transactions have increased tremendously. Everyone who goes from a grocery store to a shopping mall today pays through UPI. But some people completely forget some things while paying the money. This is causing huge losses.

At present minimum charge is charged by making payment through Phone Pay and Google Pay. Those who have been accustomed to online transfer for many years are not giving up on it now. They are neglecting that it is only a rupee or two rupees. Most of them are negligent and lose a lot of money. In this way we are losing a lot in the transaction without knowing it. We can save these by carrying money with the same hand.

Payments made available through UPI. Many people's expenses have gone up. Especially when we see some attractive things, we used to say that we don't have money. After that we would forget about that thing. But now having money in hand, we swipe and buy those things immediately. A survey has shown that most of the items that are not asavaram are being bought.

Some of the latest studies have shown that 81 percent of people in India use good UPI and 75 percent spend unnecessarily. Everyone is spending Rs.200 every day with the intention of having a mobile in hand. As per these transactions, it has been found that it has reached Rs.1,330 crores. UPI payments have been increasing by an additional 50 percent every year.

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