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NPCI recommends fee for UPI transactions over Rs 2,000 via PPIs.
NPCI recommends fee for UPI transactions over Rs 2,000 via PPIs.
Fee aims to increase banks and payment providers' revenue.
Fee aims to increase banks and payment providers' revenue.
Fee implementation begins on April 1, 2023.
Fee implementation begins on April 1, 2023.
Fee only applies to digital wallets-to-UPI payments.
Fee only applies to digital wallets-to-UPI payments.
Transactions under Rs 2,000 remain free of charge.
Transactions under Rs 2,000 remain free of charge.
Merchants may choose to pass fee onto consumers.
Merchants may choose to pass fee onto consumers.
Regular UPI transactions between bank accounts still free.
Regular UPI transactions between bank accounts still free.
Users unlikely to see extra fee in most cases.
Users unlikely to see extra fee in most cases.
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