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Wire · operational-macro

UPI Transactions to Remain Free for Consumers and Small Merchants: PCI

8 August 2026 · By · Wire by Fusion42

Published

8 August 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at english.hindusthansamachar.in →

◆ Verified

Fusion42 · 28 August 2026 · Fusion42 review

Payments Council of India confirmed that UPI transactions will remain free for consumers and small merchants despite recent legislative amendments enabling charges on digital payments. Merchant Discount Rate fees may apply only to large merchants as a commercial arrangement, not affecting consumers.

This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 8 Aug 2026 and 9 Aug 2026.

◆ ◆ The Wire takeaway

You can keep marketing your product as UPI transactions cost-free for consumers and small merchants. Larger merchants facing fees open new partnership or pricing opportunities for payments startups.

◆ Coverage

3 sources · first reported 8 Aug 2026 · latest 9 Aug 2026

◆ Related on Wire

◆ Topics

Fintechupidigital-paymentsmerchant-discount-ratepayment-regulationindia