Business
NPCI Imposes 0.4% Fee on UPI Above ₹2,000, Businesses Must Absorb Cost
A 0.4% merchant levy on UPI payments above ₹2,000 takes effect October 15, ending years of merchant-free processing and shifting costs to businesses.
A 0.4% merchant levy on UPI payments above ₹2,000 takes effect October 15, ending years of merchant-free processing and shifting costs to businesses.