EconomyIndia delays transaction fees for UPI digital payments

Name: India delays transaction fees for UPI digital payments
Uploaded: 2026-10-14T13:30:46.000Z
Description: India has postponed plans to charge fees on its widely used UPI digital payments system after businesses pushed back. The Merchant Discount Rate was due to begin on Thursday, Oct. 15, during the shopping season ahead of Deepavali in November.

India has postponed plans to charge fees on its widely used UPI digital payments system after businesses pushed back. The Merchant Discount Rate was due to begin on Thursday, Oct. 15, during the shopping season ahead of Deepavali in November.

CNA 2026-10-14 13:30