November 5, 2026
Business

UPI fee to boost banks’ revenue, revive card, ATM biz(Soban News)

Banks could gain ₹70–100 crore in quarterly revenue from the reintroduction of UPI MDR, with larger lenders potentially earning nearly three times more. The 0.4% fee on select transactions above ₹2,000 may also boost card payments and support UPI’s long-term financial sustainability.

​Banks could gain ₹70–100 crore in quarterly revenue from the reintroduction of UPI MDR, with larger lenders potentially earning nearly three times more. The 0.4% fee on select transactions above ₹2,000 may also boost card payments and support UPI’s long-term financial sustainability. by Soban News (international And National News)

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