Ministry of Finance tweets, "UPI Continues to Remain Free for Peer to Peer Transactions and 96% of Merchant Transactions
UPI will continue to remain completely free for all person-to-person transactions, irrespective of the amount transferred.
Payments to merchants up to โน2,000, along with transactions covered under the zero-MDR framework for small merchants, will also remain free
Consequently, approximately 96% of all P2M transactions will remain unaffected. MDR will apply only to specified merchant transactions above โน2,000.
Ministry of Finance tweets, "UPI Continues to Remain Free for Peer to Peer Transactions and 96% of M
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