Congress leaders Rahul Gandhi and Jairam Ramesh on Tuesday accused the Modi government of paving the way for fees on UPI transactions above Rs 2,000, saying this would ultimately hit consumers and…
The Reserve Bank of India has issued certificates of authorisation under the Payment and Settlement Systems Act, 2007, for setting up and operating payment systems in the country. The list of authorised…
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…
Consumers and small merchants will not have to pay any charge for using UPI, the Payments Council of India has said. The clarification came after the Lok Sabha passed a Bill amending…
