TechThe argument for a $50–100 million annual fee on foreign UPI players
Business Today reports that Surjewala said the government could have imposed a participation fee on dominant foreign companies benefiting from India’s Unified Payments Interface (UPI).
TLDR
Business Today reports that Surjewala said the government should have charged foreign UPI players $50–100 million annually. He argued that an annual participation fee could have been imposed on dominant foreign companies benefiting from India’s Unified Payments Interface.
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The argument for a $50–100 million annual fee on foreign UPI players
Business Today reports that Surjewala said the government could have imposed a participation fee on dominant foreign companies benefiting from India’s Unified Payments Interface (UPI).
TLDR
Business Today reports that Surjewala said the government should have charged foreign UPI players $50–100 million annually. He argued that an annual participation fee could have been imposed on dominant foreign companies benefiting from India’s Unified Payments Interface.