UPI Merchant Fees Get Greenlight, Small Entities Remain Off the Hook

PCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a commercial arrangement between merchants and payment providers, not a charge on customers.

Related Stories

Artificial Intelligence Set to Revolutionize India's Insurance Industry with Efficiency Gains

India's AI Economy on Track to Dominate 1.4% of Global GDP by 2028

Musk Unveils New X Transparency Policy Aimed at Increased Government Scrutiny

Anthropic's Indian IPO Valuation Linked to Ambitious 2028 Revenue Projections