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INDIA'S UPI ENDS FREE MERCHANT PAYMENTS

India's UPI payment system will charge merchants a 0.4% fee on transactions above ₹2,000 ($21) starting October 15, marking the end of free processing for larger payments.

1 SOURCEFIRST SEEN SEP 15, 03:00 PM► READ THE ARTICLE

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India's UPI, which has been free for merchants, will impose a 0.4% merchant fee on certain payments above ₹2,000, or $21, from October 15 in a major shift (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch: India's UPI, which has been free for merchants, will impose a 0.4% merchant fee on certain p…

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