Retail associations are voicing concerns that the proposed UPI charge will inevitably be transferred to consumers, either as new fees on bi...

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...

A 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 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 ...

Bhartruhari Mahtab defended the finance committee's report on Demands for Grants. Congress MP Manish Tewari rejected claims of opposition s...

The RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...

The Congress party has voiced strong opposition to the implementation of a merchant discount rate (MDR) on UPI transactions, alleging that ...

Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

BharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views are his own. This new...

Traders will now encourage cash payments to avoid new UPI transaction fees. A 0.4 percent charge applies to UPI transactions exceeding two ...

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...

BharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...

CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company ...

UPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...

Customers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This ...

Bank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for thi...

DFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowe...