Tag: #UPICharges

UPI Charges Above ₹2,000: Government Clarifies New Rule as Congress Raises ‘Wallet Row’

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UPI Charges Above ₹2,000: Government Clarifies New Rule as Congress Raises ‘Wallet Row’

UPI Charges Above ₹2,000: New 0.4% MDR Rule, Government Clarification and Congress Row By: News Desk | 15 September 2026 New Delhi: India’s six-year experiment with completely free UPI merchant payments is set for a significant change from October 15, with the National Payments Corporation of India (NPCI) introducing a 0.4% Merchant Discount Rate (MDR) on specified person-to-merchant UPI transactions above ₹2,000. The move has triggered a political dispute, with the Congress accusing the Centre of moving away from its earlier promise of keeping UPI free, while the government maintains…

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New Convenience Fees on Google Pay: How It Affects Your Bill Payments

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New Convenience Fees on Google Pay: How It Affects Your Bill Payments

Google Pay Introduces Convenience Fees for Bill Payments: What Users Need to Know By: Javid Amin Google Pay, one of India’s most popular Unified Payments Interface (UPI) platforms, has announced a convenience fee for certain bill payments, such as electricity, cooking gas, and other utility payments. This move signals a shift toward monetizing UPI-based transactions, as fintech companies struggle to cover processing costs and sustain long-term growth. For users who rely heavily on Google Pay for their everyday transactions, these new fees may raise concerns. How much will it cost?…

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