India Considers UPI Merchant Fees Akin to the Card Payments Model
The United Payment Interface (UPI) has been the archetype for real-time payments systems, but it could soon take a page out of the card payments playbook: merchant fees. UPI has become the preferred payment method in India by offering instant, phone-based payments for consumers and fee-free transactions for merchants. However, some industry observers argue that […] The post India Considers UPI Merchant Fees Akin to the Card Payments Model appeared first on PaymentsJournal .
The United Payment Interface (UPI) has been the archetype for real-time payments systems, but it could soon take a page out of the card payments playbook: merchant fees. UPI has become the preferred payment method in India by offering instant, phone-based payments for consumers and fee-free transactions for merchants. However, some industry observers argue that […] The post India Considers UPI Merchant Fees Akin to the Card Payments Model appeared first on PaymentsJournal .