SC Calls Out Centre on UPI Charges – What’s Up with That?

So the SC is like, 'Hey Centre, explain these UPI charges over ₹2,000!' They’re not hitting pause on this money saga, and it’s all going down on October 15. Apparently, 96% of transactions won’t feel the sting, but if you're a merchant raking in over ₹2,000, brace yourself for a 0.4% slice! What even is this fee, though? Asking for a friend.