Petrol pump UPI payments above Rs 2,000 to stop from October 16 in MP & Punjab: Dealers cite 0.4% MDR charge; debit and credit cards to remain availablePetrol pump UPI payments: Petrol pump dealers in Madhya Pradesh and Punjab will stop accepting UPI payments above Rs 2,000 from October 16,...
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...
Bank strike from September 28 to 30: Will banks be closed for five days? SBI, Union Bank of India advise customers to complete transactions in advanceA major disruption in banking services is anticipated as the United Forum of Bank Unions has announced a three-day strike at the end of Sep...
PVR INOX asks to pay using UPI only; customer sends legal notice for refusing to accept cash paymentPVR INOX asked an Ahmedabad advocate to pay using UPI only and refused to accept his cash payments. He has sent a legal notice to PVR INOX ...
Congress calls UPI move 'anti-national', alleges US pressureThe Congress party has voiced strong opposition to the implementation of a merchant discount rate (MDR) on UPI transactions, alleging that ...
UPI fee issue raised at finance panel meet; crypto report in final stageA parliamentary committee convened to evaluate the fees associated with UPI transactions and explore revenue strategies. Opposition members...
India committed to Bhutan's growth: EAM JaishankarIndia's External Affairs Minister Jaishankar launched development projects during his Bhutan visit. He handed over Jersey cows for Bhutan's...
Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally?Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price. The introduction of MDR on selec...
Zero MDR charge: 7 UPI transactions where you don't need to pay any feeStarting from October 2026, a new Merchant Discount Rate framework will be introduced for specific UPI transactions. This framework is desi...
UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDRCMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company ...
'Narendra's Ongoing Trump Appeasement': Congress' dig at Prime Minister on UPI moveCongress criticises the government for introducing charges on UPI transactions for merchants. This move is seen as appeasing United States ...
Paytm shares jump 7% as Jefferies, other brokerages raise target prices and earnings estimates after new UPI chargesPaytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on select UPI transactions above Rs 2,0...
Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...
UPI MDR rates likely within a week, October rollout in sightThis comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...
Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...