{"id":1027797,"date":"2026-08-10T10:53:55","date_gmt":"2026-08-10T05:23:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027797"},"modified":"2026-08-10T10:53:55","modified_gmt":"2026-08-10T05:23:55","slug":"government-says-no-upi-charges-for-users-majority-of-merchant-transactions-to-remain-free","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/10\/government-says-no-upi-charges-for-users-majority-of-merchant-transactions-to-remain-free\/","title":{"rendered":"Government says no UPI charges for users; majority of merchant transactions to remain free"},"content":{"rendered":"<p>The Ministry of Finance has clarified that UPI users will not have to pay any transaction charges, amid concerns over recent changes proposed under the Payment and Settlement Systems (PSS) Act. In a statement, the ministry said all person-to-person (P2P) UPI transactions will continue to remain free. It also said that even if a Merchant Discount Rate (MDR) is introduced in the future, it will apply only to a limited set of merchant transactions above a certain threshold and at a nominal rate. The ministry said the amendment to the PSS Act is meant to support UPI&#8217;s long-term growth and sustainability, and not to impose charges on ordinary users.<\/p>\n<p>Here\u2019s what the Ministry of Finance stated in its release<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Finance has clarified that UPI users will not have to pay any transaction charges, amid concerns over recent changes proposed under the Payment and Settlement Systems (PSS) Act. In a statement, the ministry said all person-to-person (P2P) UPI transactions will continue to remain free. It also said that even if a Merchant Discount Rate (MDR) is introduced in the future, it will apply only to a limited set of merchant transactions above a certain threshold and at a nominal rate. The ministry said the amendment to the PSS Act is meant to support UPI&#8217;s long-term growth and [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1027797","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027797"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027797\/revisions"}],"predecessor-version":[{"id":1027798,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027797\/revisions\/1027798"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}