New Delhi: If you make payment through UPI or RuPay debit card, then there is important news for you. The inside government has taken a big visualization regarding small digital payments. Now no charges will be levied on UPI transactions up to Rs 2,000 and payments made through RuPay debit cards.
There was a discussion going on for some time regarding charges on UPI transactions. After the snout was presented in Parliament, the government had moreover clarified that no fee will be charged from the worldwide people on small digital payments. Now this wattle has been clarified in the Gazette notification issued by the Department of Financial Services of the Finance Ministry on 14 September 2026.
What is the new rule on UPI payment up to Rs 2,000?
According to the notification, banks or payment system providers will not be worldly-wise to tuition any fee on UPI transactions up to Rs 2,000. This restriction will wield to both uncontrived and indirect charges.
That means, if a consumer pays up to Rs 500, Rs 1,000 or Rs 2,000 through UPI, no separate fee will be charged for this transaction.
Will any tuition be taken from the shopkeeper also?
It has moreover been made well-spoken in the government order that no fee can be charged on such payment, not only from the consumer but moreover from the person or businessman receiving the payment.
This ways that on UPI payments up to Rs 2,000, both the consumer and the merchant will not have to pay any payment charges.
What benefits will you get on payment through RuPay Debit Card?
No spare charges related to payment will be levied plane if RuPay Debit Vellum is used for payment up to Rs 2,000. This visualization of the government is expected to promote small value digital payments.
For example, if a consumer makes a payment of Rs 1,500 through a RuPay debit vellum at a shop, no separate fee will be charged to the consumer or the shopkeeper for this payment.
How will small shopkeepers get the benefit?
Small businessmen can get the most goody from this decision. For grocery shopkeepers, street vendors and small businessmen, charges on low-value digital payments may impact their earnings.
This step of the government can encourage small businessmen to prefer digital payments. Also, it will remain easy for customers to make small payments and without any uneaten charges.
Will there be charges on UPI payments whilom Rs 2,000?
The situation is not completely well-spoken here yet. In the new notification, it has been unmistakably stated that there will be no charges on UPI payments up to Rs 2,000. But there is no well-spoken rate mentioned in this notification as to how much will be charged or whether it will be charged on payments whilom Rs 2,000.
Therefore, the issue of charges on large transactions will depend on the relevant rules and the fee system to be decided in future.
What is the government's stance regarding MDR charges?
There was a lot of discussion recently regarding MDR i.e. Merchant Discount Rate on UPI. It was said by the government that if the MDR system is implemented in future, it can be limited to some merchantry transactions exceeding the prescribed limit.
The government had moreover clarified that this undersong will not be put on the normal payments of the worldwide people and the system of keeping person-to-person payments self-ruling will continue.
At present, the new notification has clarified the situation of not charging charges on UPI and RuPay debit vellum payments up to Rs 2,000.
