September 15, 2026 11:23 AM
No charges on UPI transactions up to Rs 2,000 : Govt
The government has directed banks and payment system providers not to levy charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or on payments made through RuPay debit cards. As per a gazette notification dated September 14, no bank or system provider would impose, whether directly or indirectly, any charge on a person making or receiving a payment through RuPay debit card or UPI transaction of up to Rs 2,000. The notification follows an amendment to section 10 A of the P...