India paves way for return of merchant fees on digital payments
- Source
- The Economic Times - Industry
- Source link
- https://economictimes.indiatimes.com/industry/banking/finance/india-paves-way-for-return-of-merchant-fees-on-digital-payments/articleshow/132858335.cms
- Published
- 2026-08-04 10:55:25
- Discovered by ProcIntel
- 2026-08-04 12:20:36
- Category
- Procurement & Supply Chain News
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
India has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement Systems Act. While no decision has been taken, the government is considering charging MDR only on large merchants or high-value transactions, potentially creating a ₹5,000-10,000 crore revenue pool for payment firms.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-08-04 12:20:37
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.