HT Morning Brief Sept 16: Who pays UPI charges; Vijay's London event called off and Messi’s last rodeo for Argentina
· India · Hindustan Times, India Today, The Hindu
Merchants accepting UPI payments above ₹2,000 will be subject to a 0.4% transaction fee starting October 15, as mandated by the NPCI. Person-to-person transfers remain exempt, while specific payment categories will incur a flat ₹5 fee. In other news, Tamil Nadu CM C Joseph Vijay had his London event cancelled by the Metropolitan Police due to safety concerns. Additionally, the CCPA has ordered ride-booking apps like Rapido to stop using nudges that pressure consumers into paying higher fares during ride searches. Meanwhile, the Supreme Court has tasked a five-member committee with investigating July protests, including incidents of violence and the use of pellet guns.
Why it matters
The new UPI fee structure directly impacts small businesses and digital payment costs for Indian consumers, while the CCPA directive aims to curb predatory pricing tactics by ride-hailing platforms.
Read the original report — Hindustan Times
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