Editorial makes the case for a small levy on UPI transactions
The Hindu BusinessLine argues that India’s UPI ecosystem may need a modest transaction levy, challenging the expectation that digital-payment infrastructure should remain free for users and merchants.
An editorial argues that introducing a small levy on UPI transactions may be justified, challenging the idea that digital payment infrastructure should remain entirely free for users and merchants.
Why this matters
UPI's levy debate follows reader letters urging calibrated merchant fees for larger transactions and Lok Sabha measures that could enable UPI merchant fees and shift MDR for UPI and RuPay merchants.
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