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SBI expects new UPI merchant fee to cover costs and yield a small surplus

An SBI official says the UPI merchant discount rate could cover the bank's transaction costs and leave a small surplus, while merchants may split payments to avoid the fee

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Business StandardCenter·1h ago
SBI expects new UPI merchant fee to cover costs and yield a small surplus
An SBI official says the UPI merchant discount rate could cover the bank's transaction costs and leave a small surplus, while merchants may split payments to avoid the fee
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SBI expects new UPI merchant fee to cover costs and yield a small surplus

How 1 sources are covering this

SBI expects new UPI merchant fee to cover costs and yield a small surplus

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