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India delays digital payments fee rollout amid retailer pushback

TechCrunchOctober 13, 20263 min read

The NPCI, which operates the UPI network, said it was postponing the planned October 15 rollout of the 0.4% fee due to the festive shopping season.

Following broad pushback from merchants across the country, India has delayed plans to introduce merchant fees on its digital payments network that aimed to make the business more lucrative for the companies that facilitate the payments service, long dominated by Google and PhonePe. The National Payments Corporation of India (NPCI), which…

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