General
UPI to Stay Free for Users, Govt Clarifies
By Sushma
•1 hours ago
•3 min read
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Key Highlights
- 1Consumers will continue to use UPI without transaction charges, while most merchant payments will remain free.
- 2Any future merchant discount rate would be threshold-based and lower than typical debit and credit card MDRs.
- 3UPI processed 2,366 crore transactions worth ₹29.9 lakh crore in July 2026 and is now live in 11 foreign countries.
✓Fact-Checked by Krihaa Editorial
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