The National Payments Corporation of India will introduce a 0.4% Merchant Discount Rate on UPI person-to-merchant transactions above Rs 2,000 from October 15, 2026, with a cap of Rs 300 on payments…
The government has clarified that transferring more than Rs 2,000 via UPI to another individual will not attract any levy or charge. The clarification follows confusion after the Reserve Bank of India…
The government will levy a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000 from October 15, with a cap of Rs 300 for transactions of Rs 75,000 and…
The government has notified that no fees can be charged on UPI transactions up to Rs 2,000, but a Merchant Discount Rate (MDR) of 0.4% will apply on person-to-merchant payments above that…
The government on Tuesday announced a 0.4% Merchant Discount Rate (MDR) on person-to-merchant UPI transactions above Rs 2,000, effective October 15. The MDR is capped at Rs 300 for transactions of Rs…
The government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant transactions above Rs 2,000, effective October 15, ending the zero-MDR regime that began in January 2020. The fee is…
The National Payments Corporation of India (NPCI) will impose a 0.4% Merchant Discount Rate (MDR) on person-to-merchant UPI transactions above Rs 2,000 from October 15, 2026. The fee is capped at Rs…
The National Payments Corporation of India has introduced a 0.4% Merchant Discount Rate on UPI person-to-merchant transactions above Rs 2,000, effective from October 15, 2026. Customers will not pay the charge directly.…
The National Payments Corporation of India has notified a 0.4% Merchant Discount Rate on person-to-merchant UPI transactions above Rs 2,000, effective from October 15, 2026. The MDR is capped at Rs 300…
Congress leader Rahul Gandhi has accused the Modi government of quietly opening the door to charging fees on UPI transactions, alleging Prime Minister Narendra Modi is "compromised" and "surrendering to American pressure".…
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.