Monday, 17 August, 2026
Paying for Progress: Why Digital Payment Fees Are India's Next Step
By TechShots Studio
Zero-fee models helped drive mass adoption of India's Unified Payments Interface (UPI), but maintaining low-to-no costs indefinitely poses long-term economic risks. Industry experts argue that introducing modest, transparent fee structures is a necessary good: it ensures financial sustainability for banks, finances critical cybersecurity infrastructure, and fuels ongoing digital payment innovation without relying on government subsidies.
Read full story at REUTERS