Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital payments
Economic Times 6 hrs ago·6 Aug 2026, 10:59 am
The Indian government has taken a step towards potentially introducing charges on digital payment transactions. This change could impact the way people use digital payment methods like UPI. Currently, these transactions are free for users and merchants. Investors should watch how the government decides to implement these changes and which digital payment methods may attract future charges, as it could affect the broader market.
Excerpt from Economic Times
The Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digital payment transactions. Currently, UPI transactions remain free for users and merchants. Banks and payment firms seek sustainable revenue models for infrastructure. The government…Read the original at Economic Times
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- Category: Economy.
- Flagged as a high-impact, market-moving story.
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