Wire · regulatory
No charges for UPI users
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Fusion42 · 28 August 2026 · Fusion42 review
The Government of India has confirmed that ordinary consumers making UPI payments will not be charged transaction fees, while potential Merchant Discount Rates (MDR) will apply only above certain thresholds at nominal rates. This regulatory clarification accompanies a legislative amendment to ensure the UPI system's sustainability and competitiveness as it expands further into rural and international markets.
This Wire brief sits within Fusion42's coverage of Fintech, and 5 sources have reported it between 8 Aug 2026 and 10 Aug 2026.
◆ ◆ The Wire takeaway
India’s move to keep UPI free for consumers while introducing capped, threshold-based fees for merchants opens a viable market for startups supporting compliance and payment infrastructure. You must act to support merchants adapting to new fees before they impact acceptance.
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5 sources · first reported 8 Aug 2026 · latest 10 Aug 2026
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