Tag: UPI

Finance Minister Nirmala Sitharaman says UPI now handles nearly 80 crore transactions every day, or over 2,400 crore a month, making it the world’s largest real-time payment system.

New UPI MDR rules will apply to certain merchant payments above ₹2,000 from October 15, 2026, with exemptions for eligible small merchants.

New UPI merchant fees will apply to some payments above ₹2,000 from October 15, 2026, while P2P transfers remain free.