It has recently clarified that the bank account-to-bank account payments (normal transactions) made using UPI won't attract any charge. ![]() According to NPCI, payments above ₹2,000 made using UPI network will bear a surcharge or interchange fee of up to 1.1%.(Shutterstock)Īccording to NPCI, payments above ₹2,000 made using UPI network will bear a surcharge or interchange fee of up to 1.1% if it is done from a PPI platform, such as Paytm Wallet, Phone Pe. The regulator of Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) has recently introduced a surcharge in digital payments made through prepaid payment instrument (PPI) such as mobile wallets.
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