📷 Image: Wikimedia Commons / Maarten Visser from Capelle aan den IJssel, Nederl
Technology
UPI P2P Transactions Stay Free, Government Confirms No Charges
✍️ The Times of India
🗓 09 Aug 2026, 07:41 AM
👁 5
The Indian government has confirmed that person-to-person transactions via Unified Payments Interface (UPI) will remain free of charge, reassuring users that no fees will be imposed on such transfers.
The Indian government has confirmed that person-to-person transactions via UPI will remain free of charge, addressing concerns about potential fees on the platform.
The clarification follows speculation that the Unified Payments Interface might introduce charges for P2P transfers, which could affect the millions of users who rely on the system for everyday payments.
The statement assures users that no fees will be levied on P2P transactions, reinforcing UPI's role as a cost‑effective digital payment system.
The announcement comes as the government continues to promote digital payments and financial inclusion across the country.
The clarification follows speculation that the Unified Payments Interface might introduce charges for P2P transfers, which could affect the millions of users who rely on the system for everyday payments.
The statement assures users that no fees will be levied on P2P transactions, reinforcing UPI's role as a cost‑effective digital payment system.
The announcement comes as the government continues to promote digital payments and financial inclusion across the country.