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Wire · regulatory

'Modi govt surrendering to US pressure': Rahul Gandhi on UPI charges

15 September 2026 · By · Wire by Fusion42

Published

15 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at newsdrum.in →

◆ Verified

Fusion42 · 15 September 2026 · Fusion42 review

The Indian government has limited the no-charge protection on UPI transactions to amounts up to Rs 2,000, potentially allowing charges on higher-value payments, a move criticised as succumbing to US pressure from payment companies.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You face a risk that higher-value UPI payments may start incurring merchant fees passed to consumers soon. If your product or service depends on low-cost digital transactions, now is the time to assess your pricing and customer communication strategy.

◆ Coverage

1 source · 15 Sep 2026

◆ Related on Wire

◆ Topics

Fintechupipayment-chargesindiaregulationus-pressuremdr