UPI transactions got expensive. Click to know more how much

Know how much users will have to pay for the UPI transaction

Interchange fee applicable on UPI Payments of over Rs 2000/-

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NPCI will applicable this from 1st April 2023.

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From 0.5% to 1.1% will be charged for the UPI transaction.

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NPCI is applying interchange fee to aim at increasing revenue for banks and payments service providers.

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On fuel,an interchange fee of 0.5 percent will be applicable.

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On telecom, utilities, post office, education and agriculture related transaction 0.7% interchange fees will be applied.

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