# Inside India newsletter: The world’s largest real-time payments system will no longer be free for all

https://mins.news/en/item/61860

- CNBC, 2026-09-17 00:33 UTC
- Economy
- Original: https://www.cnbc.com/2026/09/17/upi-payments-visa-amazon-phonepe.html

> India’s digital payments system, which currently processes more than 1 million transactions every two minutes at no cost, is set to begin charging merchants.

## Related coverage

- [India to impose controversial fee for UPI instant payments: Who benefits?](https://mins.news/en/item/62543) — Al Jazeera, 2026-09-17
- [Indian payment firms soar after UPI permits fees on some merchant transactions](https://mins.news/en/video/60942) — CNA, 2026-09-16
- [Indian payment firms jump as UPI fee lifts revenue outlook](https://mins.news/en/item/60659) — Reuters, 2026-09-16
