UPI & RuPay Payments May Soon Cost You: — Here’s What Could Change

Is free UPI and RuPay coming to an end?

The government is considering legislation that could pave the way for merchant fees on UPI and RuPay card payments, amid reports of US pressure. The proposal raises questions about financial inclusion, merchant costs, competition and the future of India’s digital public infrastructure. Former Indian Trade Service officer Ajay Srivastava joins Rajesh Mahapatra to examine why the government is considering the move, who could benefit and who could bear the cost.