RBI moots 'tiered' charge on payments through UPI, seeks public feedback

The RBI has asked for feedback and suggestions before October 3

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Currently, no cost is incurred by users or merchants in the case of payments made through UPI

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5 min read Last Updated : Aug 21 2022 | 8:29 PM IST

The Reserve Bank of India (RBI) has sought feedback from stakeholders on the possibility of imposing a “tiered” charge on payments made through the Unified Payments Interface (UPI), based on

Topics : Reserve Bank of India RBI UPI Unified Payments Interface Digital Payments MDR UPI transactions UPI 2.0 Digital India RTGS NEFT

First Published: Aug 17 2022 | 9:15 PM IST

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RBI moots 'tiered' charge on payments through UPI, seeks public feedback

The RBI has asked for feedback and suggestions before October 3

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