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Business
Economic Think Tank Calls for Removal of UPI Transaction Charges
✍️ Rediff
🗓 09 Oct 2026, 10:51 AM
👁 11
An economic think tank has urged the Indian government to abolish charges on Unified Payments Interface (UPI) transactions, arguing that such fees hinder digital payment adoption.
An economic think tank has urged the Indian government to remove all charges levied on Unified Payments Interface (UPI) transactions.
The body argued that such fees discourage widespread use of digital payments, especially among small traders and low‑value transactions.
As of now, the government has not issued any official response to the suggestion, and the matter remains under discussion among policymakers.
The body argued that such fees discourage widespread use of digital payments, especially among small traders and low‑value transactions.
As of now, the government has not issued any official response to the suggestion, and the matter remains under discussion among policymakers.