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UPI PAYMENTS ABOVE RS 2000
Opinion: The problem with a threshold-based MDRThe ongoing discussions around UPI pricing are shifting towards ensuring system financing while still promoting widespread adoption. Consum...- Golgappa and vegetable sellers far intelligent than Rahul Gandhi: BJP attacks Congress for 'mocking' UPIThe Bharatiya Janata Party criticised the Congress for its past doubts about the Unified Payments Interface. This digital payment system ha...
- UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
- The next 10 years of UPI promise to be bigger and betterNowhere in the world have we witnessed a success story quite like UPI and the credit goes to NPCI, India’s most ambitious fintech
- UPI completes 10 years: PM Modi calls it a major turning point for India’s digital paymentsPrime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...
- ET Graphics: UPI@10 - A miracle storyUPI has completed a decade of transforming India’s digital payments landscape, with annual transactions soaring from 1.78 crore in 2016-17 ...
- UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
- Paytm to step up AI, financial services investments after first profitable year, Sharma saysThe comments come after a sharp turnaround at One 97 Communications. Paytm reported its first full-year profit of Rs 552 crore in FY26, com...
- Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....
- UPI payment failed but money got deducted? The 8 steps that get your refund fast
- Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
- UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament PanelA parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...
- UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...
- Is UPI ending free payments for all users? Here’s what Finance Ministry saysStandard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...
- SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
- SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
- UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
- UPI transactions above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
- Government moves closer to restoring MDR on UPI merchant paymentsParliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...
- Jefferies sees Paytm, Pine Labs gaining from proposal to levy MDR on UPI transactionsIndia's payments law may soon allow merchant discount rates on specific UPI transactions. This change could create significant revenue for ...
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