7 Big Changes Ahead for UPI Payments Over ₹2,000 and Transaction Fees

7 Big Changes Ahead for UPI Payments Over ₹2,000 and Transaction Fees

India’s digital UPI Payments landscape is undergoing a massive regulatory shift. The Central Government has officially notified amendments to Section 10A of the Payment and Settlement Systems Act, 2007, establishing clear rules regarding transaction fees across digital networks. Under the updated framework, the Ministry of Finance has explicitly prohibited banks and payment system providers from … Read more