PolicyTechCrunchabout 2 hours ago
India delays digital payments fee rollout
2 min read
India delays the October 15 rollout of a 0.4% fee on eligible merchant transactions exceeding ₹2,000 (about $21) for its Unified Payments Interface. The National Payments Corporation of India cites the festive shopping season and opposition from retailers, including petrol pump operators, who warned they could stop accepting UPI payments if the charge took effect.
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