New Delhi, Sept. 15 -- UPI users will continue to send and receive money without paying transaction charges under the new merchant discount rate (MDR) framework. The changes apply only to certain merchant payments, while person-to-person (P2P) UPI transactions remain completely free, regardless of the amount.

The framework is intended to create a revenue stream for the digital payments ecosystem while protecting individuals and small merchants from additional costs. Around 96% of merchant transactions are also expected to remain unaffected.

No. All P2P UPI transactions will remain free. Users will not be charged a transaction fee, platform fee or other cost for sending or receiving money, regardless of the amount.

P2P transactions acco...