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India delays digital payments fee rollout amid retailer pushback

The NPCI, which operates the UPI network, said it was postponing the planned October 15 rollout of the 0.4% fee due to the festive shopping season.

FintechNPCIunified payments interfaceUPI
TechCrunch Oct 13, 2026, 13:25 UTC
EN

India ends free ride for larger transactions on its ubiquitous digital payments network

India will impose a 0.4% merchant fee on certain payments made through UPI starting October 15.

FintechGovernment & PolicyNPCIunified payments interfaceUPI
TechCrunch Sep 15, 2026, 14:22 UTC
EN

India moves to give its instant payments network a business model

The legislation lays the groundwork for a potential overhaul of India's zero-merchant-discount-rate regime, under which businesses have not paid fee…

FintechGovernment & Policydigital paymentsGoogle PayPhonePeUPI
TechCrunch Aug 4, 2026, 13:31 UTC
EN

Indian payments chief thinks AI will be heavily involved in next era of digital payment growth

Dilip Asbe said that newer UPI apps could be more competitive with a viable commercial model

FintechIndiaUPI
TechCrunch Jun 28, 2026, 05:00 UTC

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