Wire · regulatory
No charges for UPI users, vast majority of transactions to remain free for merchants as well
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Fusion42 · 28 August 2026 · Fusion42 review
The Indian government confirmed no charges will be levied on UPI users and most merchant transactions will remain free despite a new amendment to the Payment and Settlement Systems Act, 2007. The amendment enables nominal charges on certain high-value merchant transactions to ensure the long-term sustainability, security, and expansion of the UPI payment infrastructure.
This Wire brief sits within Fusion42's coverage of Fintech, and 10 sources have reported it between 5 Aug 2026 and 17 Aug 2026.
◆ ◆ The Wire takeaway
You face a stable cost environment on UPI payments for consumers and small merchants, but higher-value merchants will soon see nominal fees. Adjust your pricing or sales approach now to factor in these emerging merchant charges in India’s digital payments market.
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10 sources · first reported 5 Aug 2026 · latest 17 Aug 2026
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