UPI: The small fee raising big questions for India's payments revolution - BBC

UPI: The small fee raising big questions for India's payments revolution – BBC

September 16, 2026

UPI: The small fee raising big questions for India’s payments revolution BBCIndia’s UPI ends free era with fee on large merchant payments ReutersIndia to Levy Fee on Digital Payments System, Exempts Users bloomberg.comIndia ends free ride for larger transactions on its ubiquitous digital payments network TechCrunchMDR on UPI notified: NPCI says 0.4% fee applicable on person-to-merchant transactions above Rs 2,000 effective October 15, 2026 The Times of India