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UPI: The small fee raising big questions for India's payments revolution - BBC
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UPI: The small fee raising big questions for India's payments revolution – BBC

  • September 16, 2026

UPI: The small fee raising big questions for India’s payments revolution  BBCUPI charges from October 15: 0.4% MDR on payments above Rs 2,000, but flat Rs 5 fee for railway tickets, fuel, insurance and utilities; sending money to friends, family, Autopay for OTT stays free  The Times of IndiaMerchants to be charged 0.4% for UPI transactions over ₹2,000; small vendors exempt  The HinduUPI MDR: What changes for merchants, consumers and payments above Rs 2,000 from October 15  The New Indian ExpressGovt says, there will be no charges at all for person-to-person UPI transactions, irrespective of amount transferred  newsonair.gov.in

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