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UPI payments to remain free, charges to apply only on...: Govt | Rediff-TV | Rediff.com
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
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UPI payments to remain free, charges to apply only on...: Govt - Rediff.com India News
https://www.rediff.com/news/report/upi-payments-to-remain-free-charges-to-apply-only-on-govt/20260808.htm
UPI to remain free for users; nominal MDR may apply to select merchant transactions - The Economic Times
https://economictimes.indiatimes.com/news/economy/finance/upi-remains-free-for-users-nominal-mdr-to-apply-to-limited-merchant-transactions/articleshow/133053624.cms
No UPI Charges For Users, But Nominal MDR May Apply To Select Merchant Payments: Government
https://www.freepressjournal.in/tech/no-upi-charges-for-users-but-nominal-mdr-may-apply-to-select-merchant-payments-governmentUPI Payments To Remain Free For Consumers, Says PhonePe CEO Sameer Nigam
https://www.freepressjournal.in/business/upi-payments-to-remain-free-for-consumers-says-phonepe-ceo-sameer-nigam
Govt opens door to MDR on select UPI merchant payments, users to face no charges - The Tribune
https://www.tribuneindia.com/news/business/govt-opens-door-to-mdr-on-select-upi-merchant-payments-users-to-face-no-charges/