Big businesses may soon have to pay for UPI: Report

India is considering reintroducing merchant discount rates (MDR) on UPI transactions for large businesses with annual turnover above ₹1 crore, applying only to transactions above ₹2,000, ending nearly six years of zero-fee policy.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.