Should India Keep UPI Free For Consumers? Ex-Payments Body Board Member Explains

Thursday, 20 August 2026Admin

Santanu Paul, former director of NPCI, argued that UPI's remarkable success is directly linked to its free-to-use model

New Delhi 20 August 2026

As per news report of NDTV,Standing amid the crowded lanes of Chandni Chowk, one of India's largest commercial hubs where transactions worth tens of thousands of crores take place every year, the transformation of India's economy is visible in the blink of an eye or scan of a QR code. Street vendors, shopkeepers, wholesalers and customers routinely complete transactions using the Unified Payments Interface (UPI), a digital payments platform that has revolutionised the way Indians exchange money.

Source - NDTV