From 15 October, UPI person-to-merchant (P2M) transactions above Rs 2,000 will attract a 0.4 per cent Merchant Discount Rate (MDR), with a cap of Rs 300 for payments over Rs 75,000. Transactions…
Samsung has introduced fingerprint-based authentication for UPI payments through Samsung Wallet in India. Galaxy users can now authorise transactions worth up to Rs 10,000 without entering their UPI PIN, using the device's…
Traders across Maharashtra will observe 'No UPI Day' on October 2, Gandhi Jayanti, protesting the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000. The…
The government will introduce a Merchant Discount Rate (MDR) of 0.4% on UPI payments above Rs 2,000 from October 15. Individual users will not pay the fee, only merchants will. The fee…
Only about 10% of the total value of UPI transactions subject to the new merchant discount rate (MDR) faces a risk of the charge being passed on to consumers, National Payments Corporation…
The National Payments Corporation of India (NPCI) launched MyUPI, an AI-powered chatbot built on its in-house small language model FiMI, at the Global Fintech Fest on September 10. The platform is meant…
NDTV has listed seven types of bank transactions that customers should check immediately to avoid financial loss. These include failed transactions where money is debited but not credited, unfamiliar debits from unknown…
India's Unified Payments Interface (UPI) will cease to be free from October 15, after regulators permitted a 0.4% merchant discount rate (MDR) on transactions above Rs 2,000. Brokerage Bernstein estimates the fee…
The National Payments Corporation of India (NPCI) has said that GST on the Merchant Discount Rate (MDR) for UPI transactions will not burden small merchants. Transactions up to Rs 2,000 will continue…
Apple Pay is set to launch in India next month, beginning with Axis Bank credit cards, according to reports from Reuters and Bloomberg. The initial rollout will focus on cards on international…
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.