Lawsuit challenges UPI merchant fees in India

A petition filed in India Supreme Court challenges a proposal to levy fees on certain merchant transactions executed via the UPI digital payments network.

FILE PHOTO: QR codes of digital payment firms PhonePe and Paytm are seen on the counter of a grocery store in Ahmedabad, India, February 5, 2024. REUTERS/Amit Dave/File Photo

A legal challenge has been filed in India's Supreme Court to block proposed merchant fees on UPI transactions, NDTV reported on Wednesday afternoon.

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