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UPI fees and the stakes for government credibility

An India Today opinion piece makes the case for keeping UPI free, arguing that the benefits outweighed the costs and framing small fees as a needless loss of face for the government.

KS
1 Source, 14d ago, first seen 14d ago

TLDR

An India Today opinion piece argues that keeping UPI free delivered benefits that outweighed its costs, criticizing the government for seeking to change the system. A user sharing the article echoed its argument that small fees were not worth losing face over. The user also recalled that in 2025, the Finance Ministry had called reports of UPI fees “completely false, baseless, and misleading” and warned that such speculation created needless fear and suspicion.

Combined views

12.8K

1 Source, first seen 14d ago

947 likes34 comments25 saves185 reposts

Combined views

12.8K

1 Source, first seen 14d ago

947 likes34 comments25 saves185 reposts

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1 Source

@kkstauThe fee on UPI is peanuts. Losing face for peanuts is absolutely nuts. Only last year, the Finance Ministry called reports of MDR on UPI "completely false, baseless, and misleading" and warned that such speculation created needless fear and suspicion. 🤪 https://www.indiatoday.in/opinion/story/upi-mdr-charges-merchant-payments-trust-fears-up-polls-opinion-2995981-2026-09-16
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    UPI

    1 Source

    @kkstauThe fee on UPI is peanuts. Losing face for peanuts is absolutely nuts. Only last year, the Finance Ministry called reports of MDR on UPI "completely false, baseless, and misleading" and warned that such speculation created needless fear and suspicion. 🤪 https://www.indiatoday.in/opinion/story/upi-mdr-charges-merchant-payments-trust-fears-up-polls-opinion-2995981-2026-09-16
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