Transaction Fees News

The Indian government has introduced a 0.4% fee on UPI merchant payments exceeding Rs 2,000, capped at Rs 300 for transactions of Rs 75,000 and above. This move

UPI merchant transactions exceeding ₹2,000 will incur a 0.4% Merchant Discount Rate (MDR), with a maximum charge capped at ₹300 for transactions of ₹75,000 and

The government has clarified that person-to-person (P2P) UPI transactions will remain free, even for amounts exceeding ₹2,000, amidst ongoing discussions about

The Indian government is considering introducing transaction fees on UPI payments exceeding ₹2,000, sparking debate among experts on the sustainability of the p

The government has clarified that consumers will not be charged transaction fees for everyday UPI payments and Person-to-Person (P2P) transfers, refuting rumors

Sources indicate that small UPI payments will not incur fees, as these charges are deemed necessary to fund the growth of the digital payment system.

The Payments Council of India (PCI) has clarified that consumers and small merchants will continue to use UPI without transaction fees, debunking rumors about p

Reports suggest that UPI transactions exceeding Rs 2,000 may soon incur a fee, a potential change that could impact digital payment users.

The government is considering allowing a small fee on UPI payments exceeding Rs 2,000, which would apply to transactions with businesses but not individuals. Th