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Business
Bhopal Merchants Alarmed Over Proposed 0.4% UPI Fee on ₹2,000+ Transactions
✍️ Amar Ujala · Madhya Pradesh
🗓 16 Sep 2026, 05:15 PM
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Merchants in Bhopal have expressed worry over a proposed 0.4% fee on UPI payments exceeding ₹2,000, citing potential impact on low‑margin businesses.
The Bhopal Chamber of Commerce has voiced concerns about a planned 0.4 percent fee on UPI transactions above ₹2,000. Merchants argue that the additional cost could strain businesses already operating on thin margins.
The fee, if implemented, would apply to all UPI payments exceeding the ₹2,000 threshold, potentially increasing the cost of digital transactions for small retailers and service providers.
Representatives from the chamber highlighted that the new charge could directly affect daily sales, especially for vendors whose profit margins are minimal. They have called for a review of the fee structure to prevent undue hardship on local commerce.
The government has yet to respond formally to the chamber’s concerns, and the final decision on the fee remains pending.
Merchants are awaiting clarification on how the fee will be calculated and whether exemptions might be available for certain categories of businesses.
The fee, if implemented, would apply to all UPI payments exceeding the ₹2,000 threshold, potentially increasing the cost of digital transactions for small retailers and service providers.
Representatives from the chamber highlighted that the new charge could directly affect daily sales, especially for vendors whose profit margins are minimal. They have called for a review of the fee structure to prevent undue hardship on local commerce.
The government has yet to respond formally to the chamber’s concerns, and the final decision on the fee remains pending.
Merchants are awaiting clarification on how the fee will be calculated and whether exemptions might be available for certain categories of businesses.