UPI
UPI's New Fee Pool: Who Gets Paid, Explained
The government doesn't collect UPI's new 0.4% fee, banks and payment apps do. Here's the actual money math, cross-checked against NPCI's own transaction data rather than taken on brokerage word.
NPCI
UPI
Why Is the Government Really Ending Free UPI?
The government says UPI's new fee is about sustainability. Congress says US pressure. A BJP-aligned group says the same. Trade experts blame Walmart and Google. Five competing theories, each attributed to who's actually making the claim.
UPI
UPI's Zero-Fee Era Ends: The New 0.4% Charge, Explained
From 15 October, UPI payments to merchants above ₹2,000 carry a 0.4% fee, capped at ₹300. Consumers are excluded, but traders, a Supreme Court petitioner, and even a group aligned with the ruling party disagree with the move, each for different reasons.
UPI
UPI Transaction Volume Dips 1.8% MoM to 24.07 Billion in September 2026
UPI processed 24.07 billion transactions worth Rs 29.37 lakh crore in September 2026, per NPCI data, a 1.8% MoM dip in volume but still up 23% year-on-year.