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Get the free app no ads · no paywallBusiness · 17 August 2026
Photo by Tim Douglas on Pexels
India is considering allowing banks and payment companies to charge businesses a small fee on some UPI transactions, potentially ending a decade of free digital payments. The government has not yet set the rate, but proposals suggest a 0.3-0.5% fee on larger transactions at big businesses. Person-to-person payments will remain free.
Reported by BBC · How we write briefs
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