Indian Consumers Embrace Cash Ahead of New Instant Payment Fees
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupees, or around $21. But as the Financial Times (FT) reported Sunday (Oct. 18), that change […] The post Indian Consumers Embrace Cash Ahead of…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
