FM Sitharaman: UPI Transaction Charges to Apply to Merchants, Not Customers

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Government Policy

7 August 2026 at 5:59 pm

FM Sitharaman: UPI Transaction Charges to Apply to Merchants, Not Customers

HyperFast News

Summary

Finance Minister Nirmala Sitharaman clarified that UPI transaction charges will apply to merchants, not customers, and a committee will review the zero-MDR policy for digital payments.

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