Topic

Payment fee economics

How fees on electronic payments are set, capped and divided between networks, acquiring banks, issuers and consumer-facing apps.

Current clusters

invest2 publishers

India's new UPI fee set at 0.4%, will hit just 4% of merchant transactions, Finance Ministry says

NPCI has put a price on India's larger UPI merchant payments from October 15, and by the Finance Ministry's own estimate the 0.4% charge touches only 4% of merchant transactions. Person-to-person transfers stay free.

Publishers:indianexpress.comthehindu.com

Reality

Evidence74
Adoption25
Hype gap+14
Incentives78
Confidence70