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Tag: UPI Transactions Fee

UPI transactions fee and charges
Posted inLatest News

UPI Transactions Fee & Charges 1.1% Above Rs 2,000 News Know Everything

by Industrial FrontMarch 30, 2023

The National Payments Corporation of India (NPCI) recently issued a circular recommending an interchange fee of 1.1% for certain merchant UPI transactions over Rs 2,000, made using prepaid payment instruments (PPI) such as online wallets. According to the circular published on March 24, the changes will take effect from April 1, 2023, and the above […]

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