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NPCI UPI REFUND COMPLAINT
Real-time payments explained: How money moves between bank accounts in secondsReal-time payments allow money to move between bank accounts within seconds, making transactions faster and more convenient for consumers a...
Flight to Jaipur cancelled the night before travel, man forced to hire a taxi for Rs 19,500 in morning, Indigo ordered to pay Rs 14,350A Chandigarh lawyer spent Rs 19,500 on a taxi to reach Jaipur after IndiGo cancelled his flight the night before a court appearance. The co...
UPI Payment failed or stuck? When banks must refund your money and pay ₹100 per day in compensationHave you ever faced a situation where a UPI payment was debited from your account but not received by the recipient? Discover the steps to ...
Over 1000 flights delayed, 58 cancelled in US on Thursday amid bad weather: What travellers need to know about refund rulesFlight interruptions have gripped the United States as severe weather affects several key airports. Gusty winds in Boston and New York have...
AI in customer service: How businesses are moving from queries to resolutionAI can answer customer queries, retrieve policies and automate routine service tasks. Its greater value emerges when these capabilities wor...
Rs 77,538 spent from a man's ATM card for shopping in Philippines while he had it with him in India, court orders bank to refund only Rs 41,852Manoj Shukla was in India when Rs 41,852 was debited from his bank account for a department store transaction abroad on December 9, 2016. A...
FSSAI issues notice to Zepto over alleged delivery of expired besanThe Food Safety and Standards Authority of India issued a notice to Zepto regarding a consumer complaint. The complaint involved the delive...
Phone stolen in metro crowd, Rs 57,000 lost within an hour; SIM card used to take money from bank accounts without unlocking the deviceA phone worth Rs 60,000 was reportedly stolen in a metro crowd, followed by a loss of Rs 57,000 from a bank account within 45 minutes. A po...
Man married wife second time after his iPhone overheated and burst, deleting wedding photos, court ordered Rs 70,000 payoutAn Aligarh man claimed his iPhone overheated repeatedly before bursting inside his pocket, injuring his thumb and damaging his wedding phot...
Tatkal NPS now available on BHIM app: How to open NPS account in 3 stepsThe Tatkal National Pension Scheme (NPS) is now available through the BHIM Payments App for eligible bank customers. This feature simplifie...
UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
UPI MDR rollout deferred beyond Diwali; date yet to be notifiedNPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...
UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...
Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond DiwaliShares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Di...
IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk shareA report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...
UPI MDR framework needs rationalisation to protect public trust: ReportUPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...
UPI MDR framework needs rationalisation to protect public trust: IIT Bombay reportThe report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...
UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: ReportUPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. T...
Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...