Businesses should bear modest UPI transaction costs, govt cannot subsidise everything: NITI Aayog VC Lahiri NEW…
Tag: digital payments ecosystem
UPI still free, but there’s a catch: How new MDR works & could cash payments make a comeback?
NPCI has introduced a 0.4% MDR on specified person-to-merchant (P2M) UPI transactions above Rs 2,000. NEW…
‘To strengthen UPI’s long-term sustainability’: RBI backs 0.4% MDR on transactions above Rs 2,000
The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW…