Centre Bars Charges On UPI Transactions Up To Rs 2,000, RuPay Debit Card Payments

Centre Bars Charges On UPI Transactions Up To Rs 2,000, RuPay Debit Card Payments New Delhi, Sep 15 (KNN) The Centre has barred banks and payment system providers from imposing direct or indirect charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 and payments made using RuPay-powered debit cards. The Finance Ministry notified the specified electronic payment modes under the Payment and Settlement Systems Act, 2007, clarifying that neither the person making nor rece

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