UPI payments up to Rs 2,000 stay free: the NPCI-RBI structure GS3 tests
Government bars bank charges on small-value UPI payments
Why in News? The government has barred banks from charging UPI transactions up to Rs 2,000, keeping small digital payments free.
Prelims The National Payments Corporation of India (NPCI) operates the Unified Payments Interface (UPI).
Mains GS Paper 3 - Indian Economy: transaction charges on small digital payments could discourage financial inclusion and cash-to-digital migration, so the …















