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Explained in plain English

How do digital payments work?

Digital payments let you send money electronically instead of using cash or cards. With UPI, your phone links directly to your bank account. When you pay, the money moves instantly from your account to the business's. This story is about whether businesses will start paying a small fee for receiving these payments.

Stories that explain this

India considers merchant fees for digital payments

Questions this opens up

How does UPI work? Are my payments safe? Who makes the rules?

Related explainers

Why free payments? A global digital trend? Other countries' payment systems Who pays for payment systems? Will my takeaways cost more? What is UPI? Why allow digital age checks? What is a digital currency?

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