UPI’s 0.4% Fee Delayed Until After Diwali. Who Would Pay and From When?
India has postponed the October 15 rollout of a 0.4% merchant fee on eligible UPI payments above ₹2,000 until after Diwali. The National Payments Corporation of India announced the decision on October 13, giving businesses relief ahead of the festival shopping rush. The charge aims to target merchants that accept qualifying payments, with no automatic…
