Paymentsjournal iconPaymentsjournalSep 16, 2026

India Moves to Make UPI More Self-Reliant with Merchant Fee

Few payment systems have grown as quickly—or become as central to everyday commerce—as India's United Payment Interface (UPI). The real-time payments network has set a benchmark for digital payments systems worldwide, making it possible to move money instantly and at little to no cost to users.

India Moves to Make UPI More Self-Reliant with Merchant Fee

Share this story

Send the public story page.

Useful takeaways from this story.

Few payment systems have grown as quickly—or become as central to everyday commerce—as India's United Payment Interface (UPI).

The real-time payments network has set a benchmark for digital payments systems worldwide, making it possible to move money instantly and at little to no cost to users.

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

Few payment systems have grown as quickly—or become as central to everyday commerce—as India's United Payment Interface (UPI). The real-time payments network has set a benchmark for digital payments systems worldwide, making it possible to move money instantly and at little to no cost to users. Even as UPI has risen to prominence, India's […]

Details worth keeping

Even as UPI has risen to prominence, India's […]

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app