Banks to Receive Majority Share of Proposed 40 bps Fee on UPI Transactions
Banks are set to receive the largest share of the merchant discount rate (MDR) for Unified Payments Interface (UPI) transactions, with a proposed fee of about 40 basis points split three ways. The issuing bank would retain 40% of the fee, while third-party app providers like PhonePe or Google Pay and the acquiring bank would each receive 30%. The notification detailing the fee structure is expected soon, applying mainly to high-value or merchant transactions above a threshold, with no charges for regular users or person-to-person transfers.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 47/100.
Outlets measured: economictimes, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 11 Sept, 12:24 am. Other outlets followed.