UPI remains free for all person-to-person transactions. Learn what the new MDR framework means for merchant payments, ₹2,000 transactions, small merchants and customers. India's Unified Payments Interface (UPI) continues to remain free for person-to-person payments, even after the introduction of a new framework governing Merchant Discount Rate (MDR).
The clarification is important for millions of Indians who use UPI every day to send money to friends and family, pay bills, shop at local stores and make digital payments.
Read more about UPI Remains Free: New MDR Rules Explained for Customers and Merchants 2026
