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Tag: Govt notifies Payment And ​Settlement ⁠Act

Govt. bars bank charges on payments up to ₹2,000 via UPI, RuPay-powered debit cards

Posted on September 14, 2026 By admin
Govt. bars bank charges on payments up to ₹2,000 via UPI, RuPay-powered debit cards

A government gazette ​notification ‌specified RuPay-powered debit cards and UPI transactions of ‌up to ​₹2,000 as electronic ⁠modes of payment. File photo for representational purposes only. | Photo Credit: Allen Egenuse J India on ​Monday (September 14, 2026) notified changes ‌in the Payment And ​Settlement ⁠Act, 2007, specifying that banks cannot impose charges ‌on payments via…

Read More “Govt. bars bank charges on payments up to ₹2,000 via UPI, RuPay-powered debit cards” »

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