India paves way for return of merchant fees on digital payments

India paves way for return of merchant fees on digital pa... India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the âEUR?'country's payments laws were introduced in parliament on Tuesday. UPI, one of the world's largest real-time âEUR?'payments networ... India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the âEUR?'country's payments laws were introduced in parliament on Tuesday. UPI, one of the world's largest real-time âEUR?'payments networks, processed 23.6 billion transactions worth 29.9 trillion rupees ($313.5 billion) in July, according to official data. Industry executives have long argued that growth in digital payments has become harder to sustain because payment firms earn no fee on UPI transactions, limiting their ability to invest in the ecosystem. Market Context Stock market movements reflect investor sentiment, corporate earnings, and macroeconomic conditions. Investors should conduct thorough research and consider long-term fundamentals when making investment decisions. Key Takeaways Analyze company fundamentals and market trends for informed decisions Stay informed about economic indicators and central bank policies Maintain diversification across sectors and asset classes Published: August 4, 2026 | Source: Yahoo Finance