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UPI Payments Above ₹2,000 May Face Surcharge: What Users Need To Know | Digital Payments | News18

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The Finance Ministry has announced a major clarification on charges linked to UPI transactions. According to the announcement, banks cannot pass transaction fees on to consumers for UPI payments of up to ₹2,000, meaning users will not have to pay an additional charge when making such payments.The clarification also addresses transactions above ₹2,000. While a surcharge may apply in certain cases, the cost is not meant to be passed on to the consumer. n18oc_breaking-newsn18oc_indiaCNN-News18 is your trusted source for breaking news, updates, and in-depth analysis from around the world. CNN-News18 is dedicated to bringing you the latest news, trends, and insights, helping you stay informed and up-to-date. Subscribe Now and join our community of informed and engaged viewers. Follow Every Breaking Story LIVE 🔴Watch News18 LIVE 24×7: https://youtube.com/live/rfDx1HMvXbQFollow us on Google: news18.co/cn18gFollow CNN News18 on X: https://x.com/CNNnews18Follow CNN News18 on Instagram: https://www.instagram.com/cnnnews18/Follow CNN News18 on Facebook: facebook.com/cnnnews18 with latest headlines on politics, sports and entertainment on news18.comNews18 Mobile App – https://onelink.to/desc-youtube