India Confirms UPI Will Stay Free, Government Denies Charges

The Ministry of Finance has officially stated that the Unified Payments Interface (UPI) will continue to be free for all Indian users, dismissing reports that fees might be introduced in the future. The announcement was made during a press briefing where officials emphasized that UPI’s zero‑charge model is a key pillar of India’s digital payments strategy. UPI, which facilitates instant money transfers between bank accounts via smartphones, has become a cornerstone of the country’s financial inclusion efforts. By affirming that no charges will be levied on users, the government aims to maintain consumer confidence and encourage broader adoption of digital payments across the nation.