BusinessReported
India Set to End Free UPI Transactions With New Fee, Al Jazeera Reports
A report says India's Unified Payments Interface, long free for users, is set to introduce charges, raising questions about who stands to gain.
· 2 min read
Tagged “digital-payments”
ClearEGEGazette
BusinessReported
India’s UPI Payments System to Start Charging Merchants, CNBC Reports
The world’s largest real-time payments network, long free for users and merchants, is moving toward a fee-based model for some transactions, according to CNBC.
· 1 min read
EGEGazette
EconomyReported
India to Impose Fee on Certain UPI Transactions Starting October 15
Report says a 0.4% merchant charge will apply to select payments on India's widely used Unified Payments Interface network.
· 1 min read