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PETROL PUMP UPI PAYMENT LIMIT
Techie starts with Rs 3.2 lakh at TCS, lands Rs 40 lakh Amazon role within a yearSourabh Mishra’s reported career journey from a Tier-3 government college to Amazon has gained attention online. According to an X post, he...- 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,...
- Petrol pumps to not accept UPI payment: Punjab dealers warn of Rs 2,000 limit if MDR is imposedPetrol pump dealers in Punjab have warned of stopping UPI payments above Rs 2,000 if merchant discount rate or digital transaction charges ...
- Splitting UPI payment to sidestep MDR? No daily cap for nowUnder the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped...
- Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
- MDR charges on 5 key services: Railway tickets, mobile bills, fuel and moreSelect UPI merchant transactions will incur a Merchant Discount Rate. However, transactions under two thousand rupees will remain free for ...
- Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edgeIndia's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...
- UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customersThe government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed o...
- Rediff.com's IPO plans may get a fresh UPI tailwind as new MDR regime kicks inRediff.com's upcoming initial public offering (IPO) may find additional monetisation avenues as a result of the government's decision to le...
- No US pressure in UPI MDR decision; NPCI circular offers no advantage to foreign credit cards: FinMinThe Department of Financial Services (DFS) issued the clarification in response to observations in the US Trade Representative's (USTR) 202...
- 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...
- 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 MDR: 10 UPI transactions that will attract MDR charges; what’s the maximum you will payA new UPI framework will implement fees on certain merchant transactions while keeping person-to-person payments and transactions under two...
- UPI fee rollback ruled out: 0.4% MDR stays on big paymentsThe government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...
- No question of rollback of 0.4% MDR charges on UPI transactions over Rs 2,000: Top govt officialA top official, when asked whether the government was considering to roll back the proposed Merchant Discount Rate charges on UPI transacti...
- New charges on UPI payments: Here's what you will be charged for stock market investmentsUPI payments for capital market transactions will attract a nominal 0.02% Merchant Discount Rate, capped at Rs 300. The fee covers mutual f...
- 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 ...
- 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...
- Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...
- 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...
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