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Fact Check: Modi government likely to impose charges on UPI transactions above ₹2,000? #upi

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Archit Vats

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26,927 görüntüleme • 14 gün önce •via X (Twitter)

EğitimHaberler & PolitikaFinans#upi
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Cabinet approves Incentive scheme for promotion of low-value BHIM-UPI transactions (P2M) ✅ Eligible Transactions: UPI P2M transactions up to ₹2,000 ✅ Incentive Rate: 0.15% of transaction value ✅ Disbursement: 80% of admitted claims disbursed quarterly without conditions
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Cabinet approves Incentive scheme for promotion of low-value BHIM-UPI transactions (P2M) ✅ Eligible Transactions: UPI P2M transactions up to ₹2,000 ✅ Incentive Rate: 0.15% of transaction value ✅ Disbursement: 80% of admitted claims disbursed quarterly without conditions

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🚨HUGE. UPI payments will remain FREE, no charges anytime soon -> Reserve Bank of India says it will find ways to SUSTAIN and upgrade UPI without burdening users. Govt has earmarked ₹2,000 crore to incentivise low-value P2M UPI & RuPay transactions, even as MDR stays ZERO. Governor: “We will sustain and improve this unique payment infrastructure.” · Free for users, sustainable for stakeholders, the UPI model evolves.
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🚨HUGE. UPI payments will remain FREE, no charges anytime soon -> Reserve Bank of India says it will find ways to SUSTAIN and upgrade UPI without burdening users. Govt has earmarked ₹2,000 crore to incentivise low-value P2M UPI & RuPay transactions, even as MDR stays ZERO. Governor: “We will sustain and improve this unique payment infrastructure.” · Free for users, sustainable for stakeholders, the UPI model evolves.

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UPI Payments News Today | Lok Sabha Passes Bill To Allow Charges On UPI, Other Digital Payments Shrimi Choudhary श्रीमी Reports #UPI
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Big Relief for UPI Users | Republic Business Report Finance Minister Nirmala Sitharaman has clarified that any future Merchant Discount Rate (MDR) on UPI will apply strictly to businesses and large merchants. Everyday consumers will continue to enjoy completely zero charges for their transactions. #UPI #NirmalaSitharaman #MDRTax #BusinessNews #RepublicWorld
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Big Relief for UPI Users | Republic Business Report Finance Minister Nirmala Sitharaman has clarified that any future Merchant Discount Rate (MDR) on UPI will apply strictly to businesses and large merchants. Everyday consumers will continue to enjoy completely zero charges for their transactions. #UPI #NirmalaSitharaman #MDRTax #BusinessNews #RepublicWorld

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#Watch | Finance Minister Nirmala Sitharaman clarified that the Taxation and Other Laws (Amendment) Bill does not impose any tax or transaction charge on UPI users. She said the proposed amendments do not introduce any additional cost on UPI transactions. Video: PTI/SansadTV
4:10

#Watch | Finance Minister Nirmala Sitharaman clarified that the Taxation and Other Laws (Amendment) Bill does not impose any tax or transaction charge on UPI users. She said the proposed amendments do not introduce any additional cost on UPI transactions. Video: PTI/SansadTV

The Hindu

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No, consumers will not have to pay any charges on UPI transactions. UPI has remained free for consumers since its launch, and every Indian will continue to make instant digital payments without paying a transaction charge. - Smt Nirmala Sitharaman in Rajya Sabha (1/n)
4:06

No, consumers will not have to pay any charges on UPI transactions. UPI has remained free for consumers since its launch, and every Indian will continue to make instant digital payments without paying a transaction charge. - Smt Nirmala Sitharaman in Rajya Sabha (1/n)

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#UPICharges | 'Customers do not have to pay for #UPI transactions', Dilip Asbe 🇮🇳, MD & CEO of NPCI clarifies on wallet payment transaction fee. Shereen Bhan UPI #payment #digital #News18RisingIndia
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#UPICharges | 'Customers do not have to pay for #UPI transactions', Dilip Asbe 🇮🇳, MD & CEO of NPCI clarifies on wallet payment transaction fee. Shereen Bhan UPI #payment #digital #News18RisingIndia

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Always confirm the #UPI address and receiver’s name before initiating any UPI transaction. Report unauthorized transactions on your account on & immediately #Dial1930 to report online financial fraud. #QRcode #BeVigilant #BeCyberSafe #2000Note #CyberAware
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Always confirm the #UPI address and receiver’s name before initiating any UPI transaction. Report unauthorized transactions on your account on & immediately #Dial1930 to report online financial fraud. #QRcode #BeVigilant #BeCyberSafe #2000Note #CyberAware

CyberDost I4C

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World's largest real-time payment system belongs to us. In July 2026 alone, we processed 2,366 crore UPI transactions worth ₹29.9 lakh crore. It's because of the UPI transactions being done by the SVANidhi merchants, redi-patriwalas, etc., that UPI has become so big. - Smt Nirmala Sitharaman in Rajya Sabha (1/n)
1:37

World's largest real-time payment system belongs to us. In July 2026 alone, we processed 2,366 crore UPI transactions worth ₹29.9 lakh crore. It's because of the UPI transactions being done by the SVANidhi merchants, redi-patriwalas, etc., that UPI has become so big. - Smt Nirmala Sitharaman in Rajya Sabha (1/n)

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The new era is here ✨ You can now add your RuPay credit card to slice UPI to make seamless, safe and secure transactions. Making payments simple 😊 UPI Dilip Asbe 🇮🇳
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The new era is here ✨ You can now add your RuPay credit card to slice UPI to make seamless, safe and secure transactions. Making payments simple 😊 UPI Dilip Asbe 🇮🇳

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Watch | Interchange fee to be levied on UPI transactions made via wallets or cards. The fee will be charged from April 1.
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Watch | Interchange fee to be levied on UPI transactions made via wallets or cards. The fee will be charged from April 1.

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PM MODI: 🇮🇳 India's UPI will be linked to 🇻🇳 Vietnam's fast payment system.
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PM MODI: 🇮🇳 India's UPI will be linked to 🇻🇳 Vietnam's fast payment system.

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🚨 HUGE MILESTONE for Digital India 🇮🇳 UPI hit a new RECORD in October — daily transactions touched ₹96,000 crore, up 16% from September 🔥 On Diwali eve alone, Indians made 74 crore payments via UPI 🤯
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🚨 HUGE MILESTONE for Digital India 🇮🇳 UPI hit a new RECORD in October — daily transactions touched ₹96,000 crore, up 16% from September 🔥 On Diwali eve alone, Indians made 74 crore payments via UPI 🤯

Megh Updates 🚨™

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TRUMP...GET READY FOR NEXT SURGICAL STRIKE BY MODI SARKAR ON US ECONOMY—VISA & MASTERCARD TO GET HURT BIG🔥 NPCI TO EXPAND UPI BEYOND PAYMENTS. EMI FACILITY COMING SOON🔥 Users will be able to convert QR code transactions into EMIs, just like cards at PoS terminals. UPI's zero/low MDR (merchant discount rate) model has already slashed card dominance in Bharat, and EMI on UPI accelerates that by making credit even more accessible and card-agnostic. Trump should know that UPI already has 20B monthly transactions & 250-300M active users. Sorry Visa & Mastercard, you are about to get Screwed. Thank Trump for the same!
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TRUMP...GET READY FOR NEXT SURGICAL STRIKE BY MODI SARKAR ON US ECONOMY—VISA & MASTERCARD TO GET HURT BIG🔥 NPCI TO EXPAND UPI BEYOND PAYMENTS. EMI FACILITY COMING SOON🔥 Users will be able to convert QR code transactions into EMIs, just like cards at PoS terminals. UPI's zero/low MDR (merchant discount rate) model has already slashed card dominance in Bharat, and EMI on UPI accelerates that by making credit even more accessible and card-agnostic. Trump should know that UPI already has 20B monthly transactions & 250-300M active users. Sorry Visa & Mastercard, you are about to get Screwed. Thank Trump for the same!

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UPI merchant transactions over Rs 2000 to attract 1.1% fee from April 1: What it means for customers? #UPIcharges #UPIPayments
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UPI merchant transactions over Rs 2000 to attract 1.1% fee from April 1: What it means for customers? #UPIcharges #UPIPayments

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Yesterday, while shopping for Diwali Pooja at a local market, I noticed something remarkable — 90% transactions were cashless via UPI. No one asked for cash; everyone showed a scanner! In just 10 years, PM Narendra Modi ji's government has made India truly digitally inclusive. Today, 50% of global digital transactions are driven by India — 🇮🇳

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India to help Seychelles in digital public infra; UPI facility to start in the country says PM Modi
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India to help Seychelles in digital public infra; UPI facility to start in the country says PM Modi

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If shamelessness had a face, it would be that of Ticket Blackiya MP Sanjay Singh. First, he lied about UPI being charged for small merchants like tea sellers, etc. FM Nirmala Sitharaman called out his lies and clarified that no charges will be applicable on UPI transactions from small merchants. Even after getting thrashed by the FM, he is shamelessly lying again. What will you say to him?
1:48

If shamelessness had a face, it would be that of Ticket Blackiya MP Sanjay Singh. First, he lied about UPI being charged for small merchants like tea sellers, etc. FM Nirmala Sitharaman called out his lies and clarified that no charges will be applicable on UPI transactions from small merchants. Even after getting thrashed by the FM, he is shamelessly lying again. What will you say to him?

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🚨🇮🇳🇻🇳 GAME CHANGER: India’s UPI to link with Vietnam’s Fast Payment System soon, PM Modi announces
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🚨🇮🇳🇻🇳 GAME CHANGER: India’s UPI to link with Vietnam’s Fast Payment System soon, PM Modi announces

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