Talking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...

Finance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...

In an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...

National Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about...

The GST Council will meet on October 7 to discuss GST levy on UPI merchant fees exceeding Rs 2,000. The government has proposed a 0.4 perce...

Government sources clarified that the proposed merchant fee on UPI transactions above Rs 2,000 will not affect consumers. National Payments...

The concerns of fuel retailers centre on the impact of MDR on an industry where margins are relatively low, those cited above said. The gov...

Gold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silve...

The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments ...

Payment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...

Spinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.

After the MDR charge announcement on certain merchant UPI transactions, many UPI users are thinking whether they should shift from the UPI ...

NPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety...

The Supreme Court rejected the Centre's plea regarding private complaints in fraud cases. Special courts cannot take cognisance of such com...

Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.

A Public Interest Litigation challenges the government's new UPI charges. These charges apply to merchant payments exceeding two thousand r...

The government has introduced a 0.4% fee on UPI payments of more than Rs 2,000 made to merchants from October 15. Under this, a merchant di...