Exclusive news and data that keep market professionals aheadWednesday, September 16, 2026

Finance Ministry rejects 'external pressure' claims over UPI charges

New Delhi, Sep 16 (UNI) The Finance Ministry on Wednesday debunked the "External Pressure" myth that India's decision to introduce a charge on certain high-value UPI merchant transactions was influenced by foreign pressure, saying the country's "UPI policy decisions were taken independently". "Some claims suggest the change is due to foreign influence. India's UPI policy decisions are made independently, with the clear goal of building a self-sustaining, inclusive, and affordable digital payments ecosystem," the ministry said in a post on X. The ministry reiterated that UPI would remain "free for consumers, with all person-to-person (P2P) transactions continuing to attract no…

News Details

Words:
104
Type:
TEXT
Slug:
FINANCE UPI CHARGES EXTERNAL PRESSURE
Source
UNI India
Category
,
Published At
16/09/26 14:21
Last updated
16/09/26 14:21
Location
New Delhi, India