UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to know

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UPI Payment Charges Rules: The government has clarified confusion over UPI payment charges, saying consumers will not have to pay a transaction fee simply for making UPI payments above Rs 2,000. The Rs 2,000 threshold does not mean UPI payments become chargeable beyond that amount. Any future Merchant Discount Rate (MDR) would apply to a limited category of merchant transactions, while person-to-person UPI payments will remain free.