importantSYS.SOURCE: TechCrunch• 2026-09-15T14:22:49Z

India Introduces Merchant Fees for Large UPI Transactions to Ensure Financial Sustainability

#fintech #payments #policy

India's UPI imposes a 0.4% merchant fee on transactions over ₹2,000 to address operational costs and ensure long-term sustainability. The move aims to fund infrastructure and security while maintaining free access for consumers.

India will impose a 0.4% merchant fee on certain payments made through UPI starting October 15.

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