Indian payment firms rise after UPI fee change
Shares of Indian payment firms advanced after the national payments authority introduced a 0.4% fee on select merchant transactions above ₹2,000 via UPI.
Shares of Indian payment firms rose on Wednesday after the national payments authority introduced a fee on select merchant transactions above 2,000 rupees, or about $20, made via a widely used domestic payments interface. 4% fee will take effect from Octo…