UPI Charges Explained | NPCI CEO Dilip Asbe on Future of Digital Payments

Watch Dilip Asbe, MD & CEO, NPCI, explain the future of UPI infrastructure and the rationale behind the new charge framework at the SBI Banking & Economics Conclave. In this key conversation, Dilip Asbe discusses the cost of running the UPI ecosystem, the need for sustainable investments and how a market-driven approach can support long-term growth of digital payments in India. He explains how the majority of UPI transactions and small merchants will remain unaffected, while the focus remains on building a scalable and robust payment ecosystem. The session also highlights the role of banks, payment players and businesses in strengthening India’s digital payment journey. He claims that around 10% of merchants may end up passing on the additional charges to customers.