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Wire · operational-macro

Small UPI fee won't have major impact on transaction volumes, says RBI Governor Sanjay Malhotra

7 October 2026 · By · Wire by Fusion42

Published

7 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at moneycontrol.com →

◆ Verified

Fusion42 · 7 October 2026 · Fusion42 review

RBI Governor Sanjay Malhotra stated that a small fee on UPI transactions will not significantly affect the volume of transactions processed through the system in India.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

The RBI's assurance that a small UPI fee will not reduce transaction volumes opens room for sustainable fee models in payments startups. You should prepare to adjust pricing strategies while assuring users of the system's unchanged value.

◆ Coverage

1 source · 7 Oct 2026

◆ Related on Wire

◆ Topics

Fintechupirbidigital-paymentstransaction-feeindia