PolicyET Techabout 1 hour ago
New UPI Rules Add Fees for Mutual Funds, Stocks
1 min read
New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions, including mutual funds and investment platforms, capped at Rs 300. Standard person-to-merchant UPI payments above Rs 2,000 will attract a 0.4% charge. Other sectors like railways and telecom will see a flat Rs 5 fee. These changes aim to support UPI infrastructure and keep consumer payments free.
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