Interchange fee on UPI transactions: What changes from April 1? | News Brake Ep 59
Haritha Sharly Benjamin
 
Published on: March 31, 2023

Interchange fee on UPI transactions: What changes from April 1? | News Brake Ep 59

Haritha Sharly Benjamin

All UPI transactions made via prepaid instruments will attract an interchange fee of 1.1% for merchant payments above Rs 2,000 from April 1. Here's all you need to know about  National Payments Corporation of India's latest circular.