Fintech
India Introduces 0.4% UPI Merchant Fee on Payments Above ₹2,000
India will introduce a 0.4% merchant fee on select UPI payments over ₹2,000 starting October 15, while consumers and most smaller transactions will remain free.
3 articles
India will introduce a 0.4% merchant fee on select UPI payments over ₹2,000 starting October 15, while consumers and most smaller transactions will remain free.
OpenAI expands its presence in India through a new partnership with Pine Labs, aiming to integrate advanced AI tools into fintech services and merchant platforms.
Pine Labs’ $440M IPO closed 14% higher despite a valuation cut, signalling investor confidence in India’s growing fintech expansion globally.
Written by the reporters who cover each beat. Unsubscribe in one click.