Is UPI free for business?

Yes, in most cases, UPI is free for business for receiving payments. According to current government and NPCI guidelines, UPI payments for merchants have been free for most use cases, particularly when payments are received via QR codes or UPI ID directly into bank accounts. It is always advisable for merchants to confirm the latest UPI charges with their Payment Service Provider (PSP). Paytm, for example, notes that most UPI business apps offer free onboarding and zero UPI charges for merchants.