No Transaction Charge on UPI for Users, Small Merchants, Says Nirmala Sitharaman

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Government Policy

11 August 2026 at 8:22 pm

No Transaction Charge on UPI for Users, Small Merchants, Says Nirmala Sitharaman

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Summary

Nirmala Sitharaman has stated that there will be no transaction charge on UPI for users and small merchants, addressing a debate that arose after an amendment to Section 10A of the Payment and Settlement Systems Act, 2007.

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