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Wire · operational-macro

No Charges on Small UPI Transactions; Government Considers Merchant Fees for Higher ...

15 September 2026 · By · Wire by Fusion42

Published

15 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at legal.economictimes.indiatimes.com →

◆ Verified

Fusion42 · 15 September 2026 · Fusion42 review

The Indian government has decided not to impose charges on UPI transactions up to Rs 2,000, while deliberations are ongoing about merchant discount rates for transactions above this threshold.

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

◆ ◆ The Wire takeaway

You need to review your transaction pricing if you offer UPI payments above Rs 2,000, as merchant fees may soon apply. This change could reshape cost models and client discussions in Indian payment services.

◆ Coverage

1 source · 15 Sep 2026

◆ Related on Wire

◆ Topics

Fintechupipayment-regulationmerchant-feesindiafintech