Bengaluru, June 11 -- Get ready for a potential change when you pay big with UPI. NDTV Profit has confirmed the government is actively considering new fees. Specifically, they plan charges on UPI transactions above Rs. 3,000. This move would significantly alter India's popular payment landscape. This move aims to boost banks and payment providers financially.

High-level discussions happened just last week. Key players included the PMO and finance departments. Their goal? Assessing a new Merchant Discount Rate (MDR) framework. Therefore, a policy shift appears imminent after years of zero fees

Small UPI payments likely remain free, but larger transactions could soon carry a merchant fee, sources told NDTV. This directly reverses the zero...