Tag: digital payment system
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India retailers weigh impact of upcoming UPI transaction fees
The charges, delayed until after Deepavali, could prompt some retailers to encourage other payment methods, even as experts argue they are needed to sustain the fast-growing network.
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India built world’s largest real-time payment system. Now merchants fear being stuck with the bill
A change to India’s payments law means merchants could be charged a fee for certain real-time payments. Businesses and experts tell CNA that even modest fees could squeeze profits.
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‘It has to be absorbed by the business’: Why Indian merchants are wary of instant payment fees
A change to India’s payments law means merchants could be charged a fee for certain real-time payments. Businesses and experts tell CNA that even modest fees could squeeze profits.
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