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NITI Aayog VC defends UPI merchant fee, says businesses must be self-sustainable - The Economic Times
NITI Aayog defends the government's UPI transaction fee decision. Businesses must become sustainable without relying on government subsidies. A small fee will apply to merchant transactions exceeding two thousand rupees. Person-to-person and small payments remain exempt from this new charge. This move aims to strengthen the UPI ecosystem's safety and security.
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