Overview Sending money in India I bank with HDFC, you with SBI. I use Google Pay; you use BHIM. HDFC debits me and SBI credits you. Neither of us pays a fee. Part 1 Ways to pay For rent or a monthly transfer to a parent, I can skip UPI i AutoPay and give my […]
22 September 2026 UPI MDR Update, 13 October: NPCI has deferred this beyond Diwali. New date to come. Once it starts, if you pay a shop Rs 10,000 on UPI, there will be a Rs 40 fee on it. You won’t pay it (directly :)). The shop will. i The app’s bank is the payer […]
UPI feels free, but banks, payment apps, NPCI and the government all bear costs. Here is what a UPI transaction costs and who pays for it.