The Central Government has barred banks and payment system providers from levying charges on payments made through RuPay-powered debit cards and Unified Payments Interface (UPI) transactions of up to Rs. 2,000.

The Ministry of Finance's Department of Financial Services issued the notification on 14 September 2026.

The notification specifies RuPay debit cards and UPI transactions of up to Rs. 2,000 as electronic payment modes on which no charges may be imposed, either directly or indirectly, on the payer or the recipient.

Tags: