BusinessAI imageGovernment Bars Bank Charges on UPI Payments Up to ₹2,000
The government has prohibited banks from charging fees on payments made via UPI and RuPay-powered debit cards up to ₹2,000. This move protects small transactions from additional costs, while allowing fees on payments exceeding this limit. The policy aims to regulate merchant fees and maintain affordability for low-value digital payments.
The Hindu·


