Sports BettingPayment Expert · 2h ago
Local Indian merchants brace for UPI charge with influx of cash
By Callum Williams•October 19, 2026
The brief
UPI is India’s most popular method to pay merchants, but its new merchant discount rate, which is set to take effect soon, has businesses and customers holding onto cash. Cash handling could experience a resurgence in India as the country’s leading digital payment service is set to bring in a new merchant fee charge. …
Original report
Payment Expert
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