News Update : No charges for UPI users: Govt clarifies person-to-person transactions to remain free - SMRITI JAIN

In a press release, the Ministry of Finance has said that users will not be charged for making UPI payments, and all Person-to-Person (P2P) transactions will continue to remain free. It said that if a Merchant Discount Rate (MDR) is introduced in the future, it will apply only to a limited category of merchant transactions above a specified threshold. In a press release, the Ministry of Finance has said that users will not be charged for making UPI payments, and all Person-to-Person (P2P) transactions will continue to remain free. It said that if a Merchant Discount Rate (MDR) is introduced in the future, it will apply only to a limited category of merchant transactions above a specified threshold. Source: https://timesofindia.indiatimes.com/business/india-business/no-charges-for-upi-users-government-clarifies-person-to-person-transactions-to-remain-free-top-points/articleshow/133054004.cms Date: 2026-08-08T14:07:16.000Z