![UPI transactions to remain free for customers, clarifies NPCI](https://images.assettype.com/fortuneindia%2F2021-09%2F97060882-8527-4d40-b843-24ef00da7a34%2FUPI_payment_New.jpg?rect=0,0,6173,3087&w=300&q=95)
UPI transactions to remain free for customers, clarifies NPCI
Bank account-to-account transactions continue to remain free for customers and merchants, says UPI operator NPCI.
Bank account-to-account transactions continue to remain free for customers and merchants, says UPI operator NPCI.
The clarification comes days after the Reserve Bank of India (RBI) proposed a tiered charge framework for UPI payments.
RBI's discussion paper proposes replacing the zero-charge framework for UPI transactions with a subsidy.