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New Delhi: The finance ministry has notified the rule stipulating that banks and system providers cannot impose charges on UPI transactions of up to Rs 2,000 and RuPay debit card payments – effectively setting the stage for charging transactions of more than Rs 2,000 now.

“No bank or system provider shall impose, whether directly or indirectly, any charge upon a person making or receiving a payment by using the electronic modes of........

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