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Did government order banks to stock ATMs ahead of UPI charges? Here’s what PIB said - The Economic Times
A newspaper clipping claiming banks were told to increase ATM cash stocks ahead of UPI fees has circulated online, prompting a government fact check. PIB said neither the RBI nor the Finance Ministry issued such an instruction. The clarification comes as a revised UPI framework introduces MDR for specified higher-value merchant payments, while keeping P2P transactions and most merchant payments free.
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Banks Told To Stock ATMs Ahead Of UPI Charges, PIB Calls Viral Claim Fake
https://www.freepressjournal.in/business/banks-told-to-stock-atms-ahead-of-upi-charges-pib-calls-viral-claim-fake
RBI, FinMin ask banks to ensure ATM cash ahead of UPI charges | Mint
https://www.livemint.com/economy/upi-mdr-charges-rbi-banks-atm-cash-11790084062405.htmlUPI fee to boost banks' revenue, revive card, ATM biz | Mint
https://www.livemint.com/industry/banking/upi-mdr-bank-revenue-credit-card-atm-business-11789567047640.html
Is UPI ending free payments for all users? Here’s what Finance Ministry says - The Economic Times
https://economictimes.indiatimes.com/wealth/save/is-upi-ending-free-payments-for-all-users-heres-what-finance-ministry-says/articleshow/133093971.cmsUPI transaction charges: Check which payments can now attract a fee from October 2026 - UPI MDR charges: Which payments will change from October 15? | The Economic Times
https://economictimes.indiatimes.com/upi-mdr-charges-which-payments-will-change-from-october-15/slideshow/134405485.cms