October 16, 2026
Ahmed Khabeer احمد خبیرFact Check

FACTCHECK”New PPI Charge Imposed on UPI Payments Above Rs 2000: Consumers to Pay Up to 1.1% on Transactions”

ANALYSIS:Misleading

FACT:Many users spreading #False news with the claim that #UPITransactions of more than Rs 2,000 to be charged at 1.1% starting April 1,fact is that the new interchange charges are only applicable for the PPI merchant transactions,there is no charge to customers, NPCI clarified that there are no charges for the bank account to bank account based UPI payments(i.e. normal UPI payments).

INTENT:Media outlets,social media influencers spreading fake news about UPI transactions and creating panic.

Misleading

FACT:

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