Upi Charges News

New charges for UPI transactions are set to be implemented starting October 15, which will impact users.

Regulatory authorities, including NPCI and RBI, are reportedly considering a 0.4% charge on large UPI payments, though the final rate and its distribution are y

A recent notification states that banks and system providers cannot levy charges on UPI payments up to Rs 2,000. This clarifies the policy regarding transaction

Amazon's quick commerce arm, Amazon Now, is experiencing a surge in sales, as confirmed by India head Samir Kumar. The article also touches upon the government'

Parliament has approved charging shops for UPI payments, but NPCI data indicates that such a fee would miss a significant portion of India's purchases.

PhonePe and Razorpay co-founders, Sameer Nigam and Harshil Mathur, support selective UPI charges for large merchants, aligning with the Payments Council of Indi

The Payments Council of India (PCI) has clarified that UPI transactions will remain free for consumers and small merchants, despite ongoing discussions about th

Finance Minister Nirmala Sitharaman clarified that proposed Merchant Discount Rate (MDR) charges for UPI will apply only to merchants, not consumers. She stated

Finance Minister Nirmala Sitharaman clarified that the MDR (Merchant Discount Rate) for UPI transactions applies to merchants, not customers, and aims to suppor

Finance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026 in Lok Sabha, aiming to amend laws related to payment systems

The Indian government is reportedly considering reintroducing the merchant discount rate (MDR) for large businesses using UPI, while keeping UPI payments free f