{
  "id": 7393728,
  "title": "Govt. bars bank charges on payments up to ₹2,000 via UPI, RuPay-powered debit cards",
  "url": "https://urgent.news/2026/09/14/govt-bars-bank-charges-on-payments-up-to-2-000-via-upi-rupay-powered",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T20:48:08.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/business/govt-bars-bank-charges-on-upi-payments-up-to-2k/article71466438.ece"
  },
  "original_language": "en",
  "account": "On September 14, 2026, India's government issued a notification updating the Payment and Settlement Act, 2007. This change stipulates that banks are prohibited from charging fees on payments made via Unified Payments Interface (UPI) transactions of up to ₹2,000, as well as on payments made using RuPay-powered debit cards. The government gazette notification designated these digital payment methods as modes where banks and systems cannot impose any direct or indirect charges on individuals making or receiving payments. This alteration came after an earlier provision that prevented banks from charging fees on digital payments through UPI. A final decision on implementing charges for transactions exceeding ₹2,000 has not been made yet. The terms and conditions for comment submission remain in English, in full sentences, and cannot be abusive or personal.",
  "summary": "The government notified changes in the Payment And Settlement Act, 2007",
  "key_points": [
    "Government bars bank charges on UPI payments up to ₹2,000.",
    "RuPay-powered debit card transactions also exempt from fees.",
    "Notification updated Payment and Settlement Act, 2007."
  ],
  "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."
}