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The Economic Times

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Keep UPI free, govt should withdraw proposed charges: GTRI

The Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on UPI transactions may adversely affect small businesses and consumer spending. Maintaining free UPI supports broader digital payments and benefits banks and payment apps. The anticipated changes could lead to higher prices for consumers and reduced earnings for merchants.

8 Oct 2026 4:18 pm