Calls for tiered charges on UPI reach Parliament as govt incentives seem insufficient

Mumbai: Parliamentarians are recommending charging of fees for transactions on India’s real-time payments network, a move that could change the government’s ‘free-for-all’ policy. A new committee report suggests a tiered revenue model is necessary to sustain the Unified Payments Interface (UPI), as budgetary sops fail to cover rising maintenance costs.

The proposal marks a significant moment for a system that processed about ₹300 trillion in 2025.