Hi All, Consumers will not be charged. Only Merchants will have to give MDR (Merchant Discount Rate) similar to Credit and Debit Cards for bill/ transaction amount greater than Rs 2000/-. This is to safeguard the interest of myriad of small value transaction merchants. The rational for introducing the MDR in UPI transactions is to give some financial benefit to the payment facilitating cos so that they receive some amount on the huge tech infrastructure they have to maintain to service the hasslefree payment system.
Regards, Bikram Das On Fri, Aug 7, 2026 at 3:25 PM 'Mister Kayne' via AccessIndia < [email protected]> wrote: > Well thought out but who is going to drive that sentiment to the decision > makers? 🙄 > > > > Warm regards, > > Mister Kayne <https://www.blogger.com/profile/04580049257592982490> > > Author: The Somebody, Nobody, Anybody & Everybody Blog! > <https://www.mister-kayne.com/> > > SHOW LOVE > <https://www.mister-kayne.com/p/be-awesome-show-your-love-for-somebody.html> > | SHOP LOVE > <https://www.amazon.in/?&linkCode=sl2&tag=misterkayne-21&linkId=551b8e93e78c38c5ed1d03fe84332eb1&ref_=as_li_ss_tl> > | Contact Me <[email protected]> > > Sent from iPhone ® > > > > On 7 Aug 2026, at 11:00 AM, Maruti Paramwad <[email protected]> wrote: > > > > I believe introducing charges on digital payment transactions would not be > a positive step. Whether the charges are imposed directly on customers or > on merchants, the cost is ultimately likely to be passed on to consumers > through higher prices for goods and services. In the end, it is the > customer who bears the financial burden. > > Consumers are already contributing through various taxes, and adding an > extra cost to digital transactions would make everyday payments more > expensive. This could discourage people from using UPI and other digital > payment methods, prompting many to return to cash transactions to avoid > additional charges. > > Digital payments have played a significant role in promoting financial > inclusion, transparency, and convenience. Imposing transaction fees could > undermine these benefits and slow the progress toward a cashless and > digitally empowered economy. > > For these reasons, I believe any proposal to introduce charges on digital > payment transactions should be carefully reconsidered. Digital payments > should remain affordable and easily accessible to encourage widespread > adoption and continued growth of the digital economy.Sent from my iPhone > > On 7 Aug 2026, at 9:30 AM, UDIT Pandey <[email protected]> wrote: > > > Dear Ved, Mister Kayne, and members, > > To look at this with an example, please correct me if I am wrong, but my > understanding is that payments below ₹2,000 will not be charged. > > Furthermore, these charges may not apply to local stores at all. The fees > will likely only affect transactions with larger, reputed brands. For > instance, on a purchase of ₹10,000 from a major brand, a charge of 0.2% or > 0.3% would amount to roughly ₹30 or ₹50. > > While this is not yet officially confirmed, there is a strong possibility > that consumers won't have to bear this cost directly. Major brands > generally have the financial infrastructure to absorb these expenses, > meaning an extra ₹30 or ₹40 on a ₹10,000 purchase could easily be exempted > or covered by the merchant. > > I would welcome any thoughts or clarifications on this from the group. > > Warm regards, > > Udit Pandey > Phone & WhatsApp: +91 99909 55800 > Email: [email protected] > Instagram: udit.pandey123 > > Warm regards, > Udit Pandey > > 📱 Phone & WhatsApp: +91 99909 55800 > 📧 Email: [email protected] > 📸 Instagram: udit.pandey123 > > 🙏 Wishing you and your loved ones safety, peace, and strength. > 🕊 Let us speak no evil, see no evil, and hear no evil. > > > > On Fri, Aug 7, 2026 at 9:11 AM 'Mister Kayne' via AccessIndia < > [email protected]> wrote: > >> Dear Bhawani and members, >> >> Thank you for sharing this update. This news is quite concerning, >> especially for daily users who rely heavily on UPI for routine transactions >> like utility bills, transport, and grocery shopping. >> >> Given how essential UPI has become for accessibility and independent >> living—particularly for persons with disabilities who depend on >> screen-reader-friendly applications like Google Pay—introducing charges >> will add a significant financial burden over time. >> >> I wanted to ask the group: Is there a way we can collectively lobby for >> exceptions or policy exemptions? Specifically, can structured >> representations be made to bodies like the NPCI, RBI, or relevant >> ministries to exempt accessibility-focused use cases, micro-transactions, >> or essential utility payments from these proposed fees? >> >> Would appreciate thoughts or guidance from members on how a formal >> advocacy effort or representation could be initiated on this. >> >> Warm regards, >> Mister Kayne >> Author: The Somebody, Nobody, Anybody & Everybody Blog! >> SHOW LOVE | SHOP LOVE | Contact Me >> >> >> -----Original Message----- >> From: [email protected] <[email protected]> On >> Behalf Of BHAWANI SHANKAR VERMA >> Sent: Friday, August 7, 2026 8:19 AM >> To: [email protected] >> Subject: [AI] UPI TRANSACTIONS WILL SHORTLY BECOME CHARGEBLE >> >> Dear group, >> >> >> Unified Payments Interface (UPI) transactions will shortly become >> chargeable pursuant to the recent amendment to the Payment and Settlement >> Systems Act, 2007. By virtue of this amendment, Parliament has conferred >> authority upon banks and other financial institutions to levy a nominal fee >> on UPI transactions. >> The rationale underlying this legislative change is to ensure the >> sustainable maintenance and operation of UPI infrastructure by banks and >> payment service providers. At present, Real Time Gross Settlement (RTGS) >> and National Electronic Funds Transfer (NEFT) transactions fall within the >> category of chargeable payment services, whereas UPI transactions had >> hitherto been exempted. The amendment seeks to harmonize the regulatory >> framework by bringing UPI transactions within the ambit of chargeable >> services, thereby aligning them with other established modes of electronic >> fund transfer. >> >> this is for information only, >> >> >> Bhawani >> >> >> -- >> Disclaimer: >> 1. Contents of the mails, factual, or otherwise, reflect the thinking of >> the person sending the mail and AI in no way relates itself to its veracity; >> >> 2. AI cannot be held liable for any commission/omission based on the >> mails sent through this mailing list.. >> >> >> Search for old postings at: >> http://www.mail-archive.com/[email protected]/ >> --- >> You received this message because you are subscribed to the Google Groups >> "AccessIndia" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> To view this discussion visit >> https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/281fd0d6-94f2-4837-a5fa-62e4f03b5af2%40gmail.com >> . >> >> -- >> Disclaimer: >> 1. Contents of the mails, factual, or otherwise, reflect the thinking of >> the person sending the mail and AI in no way relates itself to its veracity; >> >> 2. AI cannot be held liable for any commission/omission based on the >> mails sent through this mailing list.. >> >> >> Search for old postings at: >> http://www.mail-archive.com/[email protected]/ >> --- >> You received this message because you are subscribed to the Google Groups >> "AccessIndia" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> To view this discussion visit >> https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/009501dd261e%24a6887ce0%24f39976a0%24%40mister-kayne.com >> . >> > -- > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of > the person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > --- > You received this message because you are subscribed to the Google Groups > "AccessIndia" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion visit > https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/CAJZg8ffPg%3D6kTp%3DLfXjPRAq%2Be0RdL29b0tYoJjOXztW5nHHZOg%40mail.gmail.com > <https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/CAJZg8ffPg%3D6kTp%3DLfXjPRAq%2Be0RdL29b0tYoJjOXztW5nHHZOg%40mail.gmail.com?utm_medium=email&utm_source=footer> > . > > -- > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of > the person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > --- > You received this message because you are subscribed to the Google Groups > "AccessIndia" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion visit > https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/AA36A9A9-A6F5-4746-B60B-B5925EB6EC3E%40gmail.com > <https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/AA36A9A9-A6F5-4746-B60B-B5925EB6EC3E%40gmail.com?utm_medium=email&utm_source=footer> > . > > -- > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of > the person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > --- > You received this message because you are subscribed to the Google Groups > "AccessIndia" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion visit > https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/C6B690F3-2261-44B0-9AF4-85E0A94C75C1%40mister-kayne.com > <https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/C6B690F3-2261-44B0-9AF4-85E0A94C75C1%40mister-kayne.com?utm_medium=email&utm_source=footer> > . > -- Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list.. 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