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.
upi charges
March 2023
August 2022
No charges on UPI payments: Govt
The clarification comes days after the Reserve Bank of India (RBI) proposed a tiered charge framework for UPI payments.
UPI transactions may attract MDR charge; RBI seeks feedback
RBI's discussion paper proposes replacing the zero-charge framework for UPI transactions with a subsidy.
