UPI transaction fee structure explained
Published
AI-generated summary of the coverage listed below: The fee for a UPI transaction is calculated based on the transaction amount and the type of account used. The fee is a fixed percentage of the transaction value, with a minimum and maximum cap applied to ensure fairness for both users and merchants.
Covered by 1 outlet across the spectrum: 0% left, 100% center, 0% right.
Who is covering this story
- Center (1): The New Indian Express
Sources
- The art and science behind UPI transaction fee — The New Indian Express (center)