Global EconomyThe Indian Express•1 min read•9/25/2026 (3h ago)

‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources

‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources
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‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources The Indian Express Government, banks to decide subsidy amount for UPI that will continue after MDR comes in The Hindu UPI fee backlash: NPCI says just 10% of transaction value risks charges for consumers Telegraph India FM Nirmala Sitharaman rejects UPI...

Key Takeaways

  • ‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources
  • ‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources The Indian Express Government, banks to decide subsidy amount for UPI that will continue after MDR comes in The Hindu UPI fee backlash: NPCI says just 10% of transaction value risks charges for consumers Telegraph India FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumers economictimes.com UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources NDTV
  • Click full coverage link below for the complete official dispatch.

‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources The Indian Express Government, banks to decide subsidy amount for UPI that will continue after MDR comes in The Hindu UPI fee backlash: NPCI says just 10% of transaction value risks charges for consumers Telegraph India FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumers economictimes.com UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources NDTV

Original Publisher Attribution

This summary was curated from The Indian Express.

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‘Fear of shift to cash due to merchant fee on UPI 100% misplaced’: Government sources — Loop60