Economy · India
UPI transaction charges for merchants under consideration
The Indian government is considering imposing nominal charges on UPI transactions for large merchants. This potential move aims to recover costs associated with the payment infrastructure. However, UPI transactions for individual users will remain free. Companies like PhonePe and Razorpay have reportedly backed the idea of selective charges for larger businesses.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 1 n = 3
- Centre (2 votes, 3 outlets): The Economic Times · The Times of India (Times Group — 1 vote), The New Indian Express
- Right (1): Times Now