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India considers fees for UPI payments

Industry News
Tuesday 4th August, 2026 India may allow merchants to pay fees for some UPI transactions, changing how its huge instant payments network is funded while keeping consumer payments free. This gives Wise a chance to comment on how transparent, sustainable payment pricing can support India’s growing digital and cross-border payments economy.
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Why have we flagged this?

India’s proposed UPI fees and record transaction volumes could reshape digital payments, giving Wise an opportunity to comment on cross-border payment costs and transparency.

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