
A realistic image of a customer making a UPI payment by scanning a QR code at a retail store, highlighting India's digital payments ecosystem and merchant transactions.

A realistic image of a customer making a UPI payment by scanning a QR code at a retail store, highlighting India's digital payments ecosystem and merchant transactions.

Customer making a UPI QR code payment at an Indian retail store as the government considers reintroducing merchant fees for select digital transactions.
India Business & Trade is a national media platform decoding the ideas, decisions and shifts shaping India’s growth story—across plicy, business, global commerce and a rapidly evolving marketplace.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved