Is there any surcharge on UPI payment?

Generally, there is no surcharge on UPI payments for personal bank-to-bank transfers. These transactions remain free for customers. However, the National Payments Corporation of India (NPCI) introduced an interchange fee of up to 1.1% on merchant transactions above ₹2000 if the payment is made using a prepaid instrument like a wallet. This charge is levied on the merchant, not the customer.