What coverage agrees on
All available reporting says the government has barred direct or indirect charges on low-value UPI and RuPay debit card payments, while leaving larger transfers unresolved.
Bank and system-provider charges are barred on UPI and RuPay-powered debit card transactions of up to ₹2,000.
The changes were notified under the Payment and Settlement Act, 2007.
The report says these payments are now designated as prescribed electronic modes of payment.
The notification is dated September 14, 2026.
A final decision on charges on larger transfers has not yet been taken.
A quick read on shared facts, changing details, and different emphasis.
All available reporting says the government has barred direct or indirect charges on low-value UPI and RuPay debit card payments, while leaving larger transfers unresolved.
Charges on larger transfers remain undecided, so the scope of the policy could still change as authorities take a final call.
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The government has barred banks and system providers from imposing direct or indirect charges on UPI and RuPay-powered debit card transactions up to ₹2,000. The change was notified under the Payment and Settlement Act, 2007, and the payments are described as prescribed electronic modes of payment. The report also notes that authorities have not yet taken a final decision on charges for larger transfers. Charges on larger transfers remain open.
The latest eight dated reports, from earliest to newest.
Attributed summaries from official party channels. These are claims, not independent reporting or fact checks.
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The Hindu reports that the Indian government notified changes in the Payment and Settlement Act, 2007, barring banks and system providers from imposing direct or indirect charges on UPI and RuPay-powered debit card transactions of up to 2000 rupees. According to the gazette notification issued on September 14, 2026, these are designated as prescribed electronic modes of payment. The report also notes that a final decision regarding charges on larger transfers has not yet been taken by authorities.