Economic TimesLean R·
UPI to remain free for consumers, says PCI
The Payments Council of India on Friday said Unified Payments Interface (UPI) transactions will continue to remain free for consumers and that small merchants, including kirana stores, will not be charged for accepting digital payments, seeking to allay concerns over reports of possible merchant charges.The clarification comes amid growing debate over the sustainability of India's digital payments ecosystem and discussions around introducing merchant charges for certain categories of businesses…
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