Big businesses may soon have to pay for UPI: Report

India may soon reintroduce merchant charges on some UPI transactions, marking a potential shift from its nearly six-year zero-fee policy, according to The Economic Times. The proposal suggests charging a merchant discount rate (MDR) only for large businesses with annual turnover of around ₹1 crore to ₹1.5 crore. The fee may apply only to UPI transactions above ₹2,000.