'Retailers likely to pass UPI MDR to consumers'Retail associations are voicing concerns that the proposed UPI charge will inevitably be transferred to consumers, either as new fees on bi...
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UPI charges could reverse digital payments gains, push users back to cash, says ex-NITI VC Rajiv KumarFormer NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...
Meta's Facebook, Instagram recover after brief outage in USThe disruption began around 8:55 p.m. ET and peaked at more than 17,000 reports of outages on Facebook and over than 5,000 reports on Insta...
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Asian Games 2026 Day 2: India eyes more medals as shooting, hockey take centre stageIndia aims for more medals on Day 2 of the Asian Games 2026. Shooting events offer early medal opportunities for the Indian contingent. Suc...
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
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Watch how South Carolina inmate escaped jail using a pencil in viral video; here’s what happened nextAn inmate executed a notable escape by fashioning a key from a pencil to unlock his cell and swiftly navigated through the kitchen area of ...
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
UPI MDR could create Rs 27,000 crore revenue pool by FY28: BernsteinA 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...
UPI MDR may attract 18% GST; eligible merchants can claim input tax creditEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...
Can Hero Motors IPO deliver long-term growth for high-risk investors?Hero Motors plans a ₹1,000 crore IPO for expansion and debt repayment. The company's promoter stake will decrease significantly after the i...
UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...
Mutual funds, stocks UPI payments to attract 0.02% MDR under new NPCI frameworkNew UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and ...