The government confirms UPI transactions will remain free for users and most merchants, addressing concerns over potential fees.

Explore the potential changes to UPI fees as a new bill in Parliament raises concerns about possible charges on transactions.

The government of India is currently evaluating a new fee structure for specific UPI transactions, which may include a Merchant Discount Rate for payments exceeding two thousand…

UPI remains free for now. So why is everyone talking about MDR? Here's what the government's proposed amendment actually changes, whether you'll have to pay for UPI in the future,…

The Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will also not face charges for digital payments.…

The government’s move to lift the legal restriction on banks and platforms from imposing a charge or merchant discount rate (MDR) on UPI transactions, hitherto free, has generated…

PhonePe CEO confirms UPI transactions will remain free for consumers, emphasizing the need for robust fraud prevention and system resilience.

Consumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will apply to limited merchant transactions…