GENERAL15 Sept 2026
NPCI sets 0.4% fee on UPI merchant payments above ₹2,000, effective Oct 15
NPCI has set a 0.4% fee on UPI (Unified Payments Interface) merchant payments above ₹2,000. The change takes effect on October 15. It affects businesses that collect payments from customers through UPI. In practice, larger merchant collections may cost slightly more from that date. Check your billing and pricing now, keep records ready, and ask your CA how it affects your margins.
Key Statutory Highlights
- NPCI has set a fee of 0.4% on UPI merchant payments above ₹2,000.
- The new fee takes effect on October 15.
- The report was first published on 15 September 2026.
Actionable Advice for Taxpayers / Founders:Review how your business collects customer payments through UPI, and check with your CA before October 15 whether the 0.4% fee could affect your pricing or margins.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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