Technology

India moves to give its instant payments network a business model

The legislation lays the groundwork for a potential overhaul of India's zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.
The legislation lays the groundwork for a potential overhaul of India's zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.

This article was originally published at: https://techcrunch.com/2026/08/04/india-moves-to-give-its...