{
  "id": 162378,
  "title": "Big change in UPI policy? Payments above ₹2,000 may carry a fee. What we know",
  "url": "https://urgent.news/2026/08/05/big-change-in-upi-policy-payments-above-2-000-may-carry-a-fee-what-we",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-05T05:37:47.000Z",
  "source": {
    "name": "Hindustan Times",
    "slug": "hindustan-times",
    "url": "https://www.hindustantimes.com/india-news/big-change-in-upi-policy-payments-above-2-000-may-be-carry-a-fee-what-we-know-101785902795400.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Finance Minister of India, Nirmala Sitharaman, has proposed policy changes in the Taxation and Other Laws (Amendment) Bill, 2026, which could potentially introduce a fee for transactions above ₹2,000 on the Unified Payments Interface (UPI). The bill aims to amend the Payment and Settlement Systems Act, 2007, the Income-tax Act, 2025, and the Finance Act, 2026. Currently, there is no charge on UPI payments, but the proposed amendments could allow the government to introduce a Merchant Discount Rate (MDR) fee for transactions above the specified limit, which may apply to merchants with an annual turnover above ₹1.5 crore. This policy change could still result in UPI transactions remaining free for consumers and small businesses, but final details on the rate and applicable transactions have not been determined.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}