India Postpones UPI Fee Rollout Until After Diwali
The National Payments Corporation of India said the 0.4% merchant charge on UPI transactions exceeding 2,000 rupees ($21) will be rolled out after Diwali.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
3 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
UPDATE 1 — India postpones UPI payment fee rollout until after Diwali festival
(Recasts first paragraph, adds details throughout) By Ashwin Manikandan MUMBAI, Oct 13 (Reuters) — India has postponed the rollout of a fee on large payments via its popular Unified Payments Interface platform until after the Diwali festival, the National Payments Corporation of India said on Tuesday. The 0.4% charge f
India Postpones UPI Payment Fee Rollout Until After Diwali
The National Payments Corporation of India said the 0.4% merchant charge on large UPI payments will be implemented after Diwali, with the date to be notified separately.