# SC refuses to stay fee on UPI payments above Rs 2,000

> Additional Solicitor General N Venkataraman, appearing for the Union government, submitted before the court that 96% of transactions would not attract the charge, Live Law reported.

- Published: 2026-09-28T11:31:15.682Z
- Updated: 2026-09-28T11:31:15.682Z
- 1 source
- Topics: Politics
- Involves: Ministry of Finance, N Venkataraman, Surya Kant, Union government, clarification that the 0.4% fee had been capped at Rs 300 per transaction for payments of Rs 75,000 and more, notifications stating that UPI payments to merchants valued above Rs 2,000 would attract a merchant discount rate of 0.4%, statement that the new framework will have no impact on person-to-person transactions, irrespective of the amount transferred

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- 2026-09-28T11:31:15.682Z - Scroll: [SC refuses to stay fee on UPI payments above Rs 2,000](https://scroll.in/latest/1096071/sc-refuses-to-stay-fee-on-upi-payments-above-rs-2000)

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