Payments Council of India Debunks Rumors: UPI Remains Free for Consumers and Small Merchants

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Technology

7 August 2026 at 9:56 pm

Payments Council of India Debunks Rumors: UPI Remains Free for Consumers and Small Merchants

HyperFast News

Summary

The Payments Council of India (PCI) has clarified that consumers and small merchants will continue to use UPI without transaction fees, debunking rumors about potential charges. The PCI emphasized that UPI has been free for consumers since 2016 and there is no change to this policy.

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