India Imposes Merchant Fee on Larger UPI Transactions
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Insights by Echo AI
Starting October 15, India will introduce a 0.4% merchant fee for Unified Payments Interface (UPI) transactions exceeding ₹2,000 ($21). This change affects larger transactions on the country's widely-used digital payments network.
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India ends free ride for larger transactions on its ubiquitous digital...
India will impose a 0.4% merchant fee on certain payments made through...
India's UPI, which has been free for merchants, will impose a 0.4% mer...
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