The HinduBusiness
NPCI says UPI fees can protect the payment system
The National Payments Corporation of India told the Supreme Court that free merchant payments are no longer sustainable. It says charging fees can help fund the security, resilience and infrastructure needed as the Unified Payments Interface expands.
This card is an AI-assisted summary of reporting published by The Hindu. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.