NDTVYesterday·1 min read·easy

UPI Charges To Be 0.4% For Some Payments Above Rs 2,000. Free For Consumers

✦AI Summary

New regulations for UPI payments in India will introduce a 0.4% charge for certain transactions exceeding Rs 2,000. The policy ensures that individual consumers remain exempt from these fees.

Why it matters

This change impacts merchant transaction costs and the broader digital payment ecosystem in India's rapidly growing fintech market.

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Also covering this story

3 other newsrooms covered this event. We read each version separately.

Times of IndiaBalanced

No bank charges on UPI payments of up to Rs 2,000: Govt

The HinduBalanced

Govt. bars bank charges on payments up to ₹2,000 via UPI, RuPay-powered debit cards

livelaw.inNot placed

Centre Prohibits Charges On UPI Transactions Up To Rs 2,000 & RuPay Debit Card

economybusinesstechnology

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