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CNBC

Inside India newsletter: The world’s largest real-time payments system will no longer be free for all

Thursday, September 17, 2026


India's digital payment system, which processes more than 1 million transactions every two minutes, will begin charging fees to merchants. The system currently operates without fees. No implementation date or fee structure was specified in available reports.

Original reporting: https://www.cnbc.com/2026/09/17/upi-payments-visa-amazon-phonepe.html

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