New UPI rules keep most transactions free, but some merchant fees apply
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AI-generated summary of the coverage listed below: The National Payments Corporation of India has announced a revised UPI framework that will introduce charges for certain merchant transactions while leaving most everyday payments free. The changes are aimed at clarifying who pays for sending money or shopping via UPI and are expected to take effect soon. The new rules are intended to streamline payment processing and maintain the platform’s accessibility for ordinary users.
Covered by 6 outlets across the spectrum: 33% left, 50% center, 17% right.
Who is covering this story
- Left-leaning (2): The Federal, The Hindu
- Center (2): Hindustan Times, The New Indian Express
- Right-leaning (1): Sunday Guardian
Sources
- UPI Charges New Rules: When Will It Come Into Effect, Who Pays And What Stays Free? — Sunday Guardian (right-leaning)
- Free to fee: What new UPI MDR means for you and your kirana store — The Federal (left-leaning)
- New UPI charges: Will you pay for sending money or shopping? 5 things that remain free — Hindustan Times (center)
- UPI AutoPay: Will you now pay extra for OTT, SIP and bill payments? What new MDR rules say — Hindustan Times (center)
- UPI charges explained: What the new MDR rules mean for users and merchants — The New Indian Express (center)
- Who has to pay MDR on UPI and who stands to gain the most? | Explained — The Hindu (left-leaning)