NITI Aayog VC defends UPI merchant fee, says businesses must be self-sustainable
NITI Aayog defends the government's UPI transaction fee decision. Businesses must become sustainable without relying on government subsidies. A small fee will apply to merchant transactions exceeding two thousand rupees. Person-to-person and small payments remain exempt from this new charge. This move aims to strengthen the UPI ecosystem's safety and security.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
