Mobile Recharges

In the latest development, the online payment application PhonePe has announced that it'll now charge processing fees per transaction on mobile recharges above Rs 50. Reportedly, a user has to pay Rs 1 on the recharge between Rs 50-100 and Rs 2 on recharges above Rs 100. ''As a part of the experiment, a majority of users are either not paying anything or paying Re 1,'' said PhonePe.