By: Latha Venkatesh
Banks see the proposed compensation for eligible UPI merchant transactions as an opportunity to build a new revenue stream and deepen merchant relationships. IndusInd Bank's Rajiv Anand expects potential charges of 20-25 basis points, while AU Small Finance Bank's Sanjay Agarwal sees scope to expand QR adoption and offer credit to merchants. SBI's Ashwini Tewari also suggested wallets for small-value transactions.












