UPI deals over Rs 2000 to attract 1.1% fee; customers unaffected
Any Unified Payments Interface (UPI) transaction of more than Rs 2,000 via prepaid payment instruments (PPI) like online wallets or pre-loaded gift cards would attract an interchange fee of up to 1.1 per cent from Saturday (April 1, 2023), said the National Payments Corporation of India (NPCI) on Wednesday.