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Wire · operational-macro

Banks cannot impose charges on UPI payments up to Rs 2,000: Govt

15 September 2026 · By · Wire by Fusion42

Published

15 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at bignewsnetwork.com →

◆ Verified

Fusion42 · 15 September 2026 · Fusion42 review

The Indian government has mandated that banks cannot charge any fees on UPI payments up to Rs 2,000, promoting free digital payments for low-value transactions.

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

◆ ◆ The Wire takeaway

You have a new regulatory advantage as Indian banks can no longer charge for UPI payments under Rs 2,000. This opens the market for low-value payment solutions that remove fees as a customer barrier.

◆ Coverage

1 source · 15 Sep 2026

◆ Related on Wire

◆ Topics

Fintechupipayment-regulationbanking-feesindiadigital-payments