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Can UPI stay free forever? RBI Governor Sanjay Malhotra says someone has to pay the cost

Can UPI stay free forever? RBI Governor Sanjay Malhotra says someone has to pay the cost

Time of India06-08-2025
Synopsis
Reserve Bank of India Governor Sanjay Malhotra suggests Unified Payments Interface may not remain free. He highlights the costs associated with UPI transactions. Someone will eventually need to cover these expenses. The sustainability of the UPI model is crucial. It is important to determine who will bear the cost. This could be done collectively or individually.
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