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The Economic Times

Business

Sneha Kulkarni

Is UPI ending free payments for all users? Here’s what Finance Ministry says

The Finance Ministry

There has been growing confusion over whether Unified Payments Interface (UPI) payments will soon become chargeable for all users. However, the latest clarification by the Finance Ministry makes it clear that standard bank-to-bank UPI transfers between individuals will continue to be free.

Will sending money to friends or family members through the UPI become chargeable?

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Search continues after boat capsizes off Baja California coast. 16 rescued, but others missing

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