India ends free ride for larger transactions on its ubiquitous digital payments network
India will impose a 0.4% merchant fee on certain payments made through UPI starting October 15.
India will impose a 0.4% merchant fee on certain payments made through UPI starting October 15.
The NPCI, which operates the UPI network, said it was postponing the planned October 15 rollout of the 0.4% fee due to the festive shopping season.