Now, MDR on UPI to be rolled out after Diwali

MUMBAI: Amid pushback from industry, National Payments Corporation of India (NPCI) has deferred the rollout of…

Free to fee: 0.4% on UPI payments over Rs 2,000

MDR kicks in from October 15 NEW DELHI: National Payments Corporation of India on Tuesday announced…

MDR on UPI notified: NPCI says 0.4% fee applicable on person-to-merchant transactions above Rs 2,000 effective October 15, 2026

The National Payments Corporation of India (NPCI) has notified a Merchant Discount Rate (MDR) of 0.4%…

Your AI may soon be able to pay for things through UPI without asking every single time: Here is how India plans to control it

India’s digital payment journey has evolved from passwords, PINs and OTPs to fingerprints and facial authentication,…

UPI@10: How platform changed the way we pay

UPI completes 10 years, growing from 1.8 crore transactions in FY17 to 24,162 crore in FY26…

May saw most digital payments: UPI clocked its biggest month; transactions surpass Rs 29.90 lakh crore

India’s digital payments network continued its rapid expansion in May, with Unified Payments Interface (UPI) transactions…