"India has put a price on larger transactions on its digital payments network, ending years of free processing for merchants. The country’s Unified Payments Interface (UPI) will impose a 0.4% merchant fee on certain payments above ₹2,000 (about $21) from October 15, the National Payments Corporation of India (NPCI) said. Consumers will continue to use the service for free, NPCI said. UPI’s merchant fee is capped at ₹300 (about $3) for transactions of ₹75,000 (around $783) or more, while payments of ₹2,000 or less will remain free for merchants."