India said Unified Payments Interface (UPI) person-to-person transfers will
remain free. UPI merchant transactions above INR2,000 will incur a 0.4% merchant
discount rate, capped at INR300 per transaction.
2026-09-15
India said Unified Payments Interface (UPI) person-to-person transfers will
remain free. UPI merchant transactions above INR2,000 will incur a 0.4% merchant
discount rate, capped at INR300 per transaction.