Wire · regulatory
Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
◆ Sectors
Fintech
◆ Geography
India
◆ Source
◆ Verified
Fusion42 · 29 August 2026 · Fusion42 review
The Lok Sabha passed a bill authorising the Indian government to permit banks to levy charges on UPI transactions, marking a regulatory shift in digital payments.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.
◆ ◆ The Wire takeaway
Your Indian fintech startup faces a new cost structure as banks gain approval to charge for UPI transactions, opening a revenue risk and forcing a rethink on pricing or customer incentives.
◆ Coverage
2 sources · 7 Aug 2026
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◆ Topics
Fintechupidigital-paymentsregulationbanking-feesindia