10 August 2026 at 2:13 pm
Summary
The growth of UPI transactions has slowed to 23.5% in FY27 so far, a decrease from 33.5% last year. Fintech companies attribute this slowdown to the lack of a sustainable revenue model, which discourages investment in expanding the UPI ecosystem.
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Parliament Passes Taxation Bill; FM Sitharaman Confirms UPI to Remain Free
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UPI Transactions: Government Affirms Majority Merchant Payments to Remain Free, No Consumer Fees
10 Aug 2026, 2:13 pm · Digital Payments
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