UPI Fees Are Here: What Merchants Should Know Now

Starting October 15, merchants will have to shell out a 0.4% fee on UPI transactions over ₹2,000. But fear not, small businesses! Payments below that remain free! UPI is still the wallet-friendly champ compared to debit and credit cards, especially for those big-ticket purchases. So while credit cards offer shiny perks, UPI keeps it simple and cheap for merchants!