India's Supreme Court reportedly set to hear UPI fee challenge on September 28
The Economic Times reports that a 0.4% fee will apply to UPI merchant payments above Rs 2,000 from October 15, while person-to-person transfers and small payments remain exempt.
TLDR
The Economic Times says India's Supreme Court is due to hear a challenge to fees on UPI payments above Rs 2,000 on September 28, 2026. The outlet reports that the government has introduced a 0.4% fee on transfers above that threshold to merchants, effective October 15, while excluding person-to-person transfers and small payments.
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