UPI

UPI

Representational image. Photo: Collected

India postpones proposed UPI merchant fee until after Diwali

Trade groups warn of potential impact on festive spending.

Representational image. Photo: Collected

India to impose 0.4% fee on UPI merchant payments above Rs2,000

Representational image. Photo: Collected

No charge for retail payments of up to Rs2,000 through UPI: Indian govt

Representational image. Photo: Collected

India says person-to-person UPI transactions to remain free

A man uses his phone to scan a QR code of the digital payment app Paytm after purchasing a cold beverage at a shop in Kolkata, India, on 9 July, 2024. REUTERS/Sahiba Chawdhary

India paves way for return of merchant fees on digital payments

In 2021, UPI enabled 3,900 crore financial transactions valuing USD 940 billion, which is equivalent to approximately 31 per cent of India's GDP. (Twitter/ @UPI_NPCI)

Nepal to become first country to deploy India's UPI platform