UPI Will Stay Free For Consumers And Small Merchants: Payments Council
Why This Matters
Key context: The statement comes a day after the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, which authorises the government to permit banks and other service providers to levy charges on payments through UPI. This development from ndtv.com highlights ongoing changes in the sector.
The statement comes a day after the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, which authorises the government to permit banks and other service providers to levy charges on payments through UPI.
Curation & Context
This page summarizes a public news report from ndtv.com. Global News Hub provides the "Why This Matters" takeaway using editorial insights and AI curation to give readers rapid, high-value context before they click through to read the full article.