Wire · regulatory
No charges for UPI users, vast majority of transactions to remain free for merchants as well
◆ Sectors
◆ Geography
◆ Source
◆ Verified
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 17 sources have reported it between 4 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.
◆ Coverage
17 sources · first reported 4 Aug 2026 · latest 17 Aug 2026
◆ Related on Wire
◆ Topics