MUMBAI: Amid pushback from industry, National Payments Corporation of India (NPCI) has deferred the rollout of…
Tag: UPI transactions
UPI transactions rise 27% to 145 billion in H1 FY27 ahead of new MDR
UPI transactions rise 27% UPI’s digital tap-to-pay habit appears to be getting stronger by the month.…
Explain legal basis of MDR, Supreme Court tells Centre | India News
Supreme Court questions UPI MDR, asks Centre, RBI to explain legal basis NEW DELHI: Supreme Court…
No Upi Day: ‘UPI must remain zero MDR’: Mobile retailers announce October 2 protest
Mobile retailers warn of higher costs, call October 2 protest (representative image) Mobile phone retailers across…
‘Not a government issue’: FM Sitharaman explains where UPI MDR charge goes
finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Friday clarified that the Merchant Discount…
UPI merchant payment row: Banks to ensure merchants don’t pass charges to consumers, say govt sources
Govt sources issue clarification amid UPI MDR row NEW DELHI: Banks will monitor merchants to ensure…
‘No burden for consumers’: Sitharaman clarifies who will pay MDR on UPI transactions
Finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman has backed the recently announced Merchant Discount…
UPI MDR is coming: Can a Rs 6,000 bill be split into three Rs 2,000 payments to avoid charges? For now, NPCI has no daily cap
NPCI reportedly does not currently plan to introduce a separate daily limit on repeated UPI payments.…
BJD protests UPI changes, says Centre should fund digital payments | India News
BJD leader also pointed to the financial position of banks and platforms that are shareholders and…
‘No rethink’: Govt firm on UPI fee amid rollback demands
‘Only 4% Of Transactions To Be Covered’ NEW DELHI: Govt on Wednesday said there would be…