Summary
Finance Minister Nirmala Sitharaman announced that UPI transactions will remain free for consumers, with most low-value payments also staying free, and any future Merchant Discount Rate (MDR) would apply only to limited merchant transactions above a set threshold.
UPI Transactions Near Record Level of ₹29.8 Lakh Crore in August
15 Sept 2026, 4:45 am · News
Consumer Body Seeks Retention of Free UPI Transactions Citing Existing Banking Charges
15 Sept 2026, 4:45 am · News
UPI Transaction Growth Slows to 23.5% in FY27; Fintechs Blame Lack of Revenue Model
15 Sept 2026, 4:45 am · News
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