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.

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