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End of free era for UPI: Here's what changes, what doesn't

Mint 1 hr ago·16 Sept 2026, 11:30 pm

Starting 15 Oct, UPI will introduce a capped merchant fee on transaction values above ₹2,000, while remaining entirely free for consumers and most small vendors. The policy shift provides a sustainable revenue model to upgrade digital infrastructure and align UPI with global payment standards.

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Summary & analysis by DocStoX. Full story at Mint.

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