UPI Will Stay Free For Consumers And Small Merchants: Payments Council

Saturday, 8 August 2026Newsdesk
UPI Will Stay Free For Consumers And Small Merchants: Payments Council
The statement comes a day after the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, which authorises the government to permit banks and other service providers to levy charges on payments through UPI.

New Delhi 08 August 2026

As per news report of NDTV,Consumers and small merchants will continue to enjoy free Unified Payments Interface (UPI) services even as the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, the Payments Council of India said on Friday.

Source - NDTV

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