India, Sept. 15 -- The Centre has "quietly opened the door" to imposing fees on UPI transactions above Rs.2,000, Congress leader Rahul Gandhi alleged on Tuesday. Merchants could eventually pass the cost on to consumers, the Lok Sabha Opposition leader said.

His remarks came a day after the Centre notified changes under the Payment and Settlement Systems Act and clarified that no charges can be imposed on UPI transactions of up to Rs.2,000.

On X, Rahul Gandhi said transactions above Rs.2,000 may account for only about 5% of UPI transactions by volume but represent nearly 65% of their total value. He said that even if customers were not directly charged, merchants could recover the fee by increasing prices.

"The government says no fees w...