Finance Minister Nirmala Sitharaman told Parliament on Monday that consumers will not pay any charge on UPI transactions and that small merchants and kirana stores are exempt from MDR. She was replying…
Apple Pay is likely to launch in India by late September or October, Business Standard reports. Initially, the service will work with Visa and Mastercard credit cards, not UPI, which could limit…
The finance ministry has clarified that consumers will not pay any transaction charges for using UPI. Any future Merchant Discount Rate (MDR), if introduced, would apply only to a limited set of…
The government has clarified that UPI users will not be charged under a proposed Merchant Discount Rate (MDR), which will apply only to select merchant transactions above a certain threshold. Finance minister…
The government on Saturday clarified that UPI will remain free for all users and the vast majority of merchants. The statement came after the Lok Sabha passed a bill amending the Payment…
The government has clarified that UPI transactions will remain free for users, with any future merchant discount rate (MDR) applying only to a limited set of high-value merchant payments above a certain…
The government on Saturday assured that UPI will remain free for users, with all person-to-person transactions and most merchant payments continuing without charges. A nominal Merchant Discount Rate (MDR) of 0.25% to…
The finance ministry has categorically ruled out any UPI charges for consumers, saying person-to-person payments will remain free and small merchants will be protected. The clarification on August 8 came after the…
The government clarified on Saturday that UPI transactions will remain free for users, with no charges on person-to-person payments. It said the overwhelming majority of merchant transactions will also be free. Any…
NPCI International Payments Ltd (NIPL) and the Maldives Monetary Authority (MMA) have launched the Favara-UPI cross-border payment corridor, enabling real-time fund transfers from the Maldives to UPI-enabled bank accounts in India. The…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.