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.
Ministry of Finance tweets, "UPI Continues to Remain Free for Peer to Peer Transactions and 96% of M
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