
UPI Charges for Merchants Deferred Until After Diwali: Who Pays, How Much, and What It Means for You
NPCI has put off its planned merchant discount rate on some UPI payments until after Diwali. The 0.4% fee, capped at ₹300, would apply only to merchant payments above ₹2,000 and would be paid by shops, not customers. Here is what was planned and why it was delayed.
The Daily