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 ₹2,000, 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 ₹2,000.