India moves to give its instant payments network a business model
- ID
- 10675
- Status
- summarized
- Published
- 04 Aug 2026, 9:31 PM
- Fetched
- 04 Aug 2026, 9:33 PM
- Provider
- TechCrunch
- Category
- technology
- Original URL
- https://techcrunch.com/2026/08/04/india-moves-to-give-its-instant-payments-network-a-business-model/
- Source URL
- https://techcrunch.com/feed/
Excerpt
The legislation lays the groundwork for a potential overhaul of India's zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.
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