UPI charges

UPI MDR Could Create Rs 20,000 Crore Annual Revenue Pool for Banks and Payment Firms
Business

UPI MDR Could Create Rs 20,000 Crore Annual Revenue Pool for Banks and Payment Firms

The UPI MDR on select person-to-merchant transactions could create an annual revenue pool of up to Rs 20,000 crore for…
UPI payments up to Rs 2,000 to remain free of bank charges: Govt
Technology

UPI payments up to Rs 2,000 to remain free of bank charges: Govt

The government on Monday announced that banks cannot impose any charges on UPI payments up to Rs 2,000, providing clarity…
UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan
Business

UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan

The government is considering restoring the merchant discount rate (MDR) on select high-value UPI transactions or introducing a tiered incentive…
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