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Will UPI Payments Become Chargeable? Government Says Users Will Continue to Pay Nothing
The Finance Ministry has clarified that users will not be charged for UPI payments, while any future MDR would be limited to certain merchant transactions.
2026-08-09 -
| Income Tax Department
The following electronic modes of payment for the purposes of Section 269SU have been prescribed vide notification no. 105/2019 dated 30.12.2019 :- Debit Card powered by RuPay Unified … Payments Interface (UPI) (BHIM-UPI) Unified Payments Interface Quick Response Code (UPI QR Code) (BHIM-UPI QR Code) A Circular no. 32/2019 dated 30.12.2019 has also been issued to
2026-08-10
The National Payments Corporation of India (NPCI) has announced that Unified Payments Interface (UPI) application has become operational. The application will allow custo
The National Payments Corporation of India (NPCI) has announced that Unified Payments Interface (UPI) application has become operational. The application will allow custo