UPI new rules from Oct 15: What happens to insurance, SIP payments? Will Netflix, phone bills via AutoPay get costlier?

New UPI rules effective October 15 introduce a 0.4% fee for merchant transactions above ₹2,000. While some costs may rise for consumers, person-to-person transfers remain free. Subscriptions via UPI AutoPay wont incur additional charges, protecting users from unexpected increases.