New Delhi, Sept. 16 -- The debate over whether Unified Payments Interface (UPI) transactions would remain free for customers has resurfaced, with industry leaders weighing in on the future of the country's digital payments ecosystem.

This was fueled by the government's recent announcement of a merchant charge on certain UPI transactions above Rs.2,000.

While Union Finance Minister Nirmala Sitharaman had earlier clarified that consumers would continue to use UPI free of charge, the government reiterated the same in its latest announcement. However, some social media users and industry leaders have expressed a different view.

The revised framework, published on its official website on Tuesday, will come into effect on October 15.

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