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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 up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...
UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...
- NPCI unveils UPI MDR; Meta's new child safety measures
The NPCI has finalised the long-awaited MDR framework for UPI transactions, paving the way for changes to the payments ecosystem. This and ...
NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
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 ...
UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...
Embassy Developments to invest Rs 2,000 cr in 85-acre Bengaluru project phase 1Embassy Developments plans a Rs 2,000 crore investment for its North Bengaluru residential project. This development will feature two RERA-...
UPI MDR rates likely within a week, October rollout in sightThis comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...
UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: BernsteinUPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...
Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...
3 SME IPOs open today: Vama Wovenfab, Shakti Polytarp and Quanto Agroworld. Check GMP and key detailsThree SME IPOs: Vama Wovenfab, Shakti Polytarp and Quanto Agroworld—open for subscription today, September 15, and will close on September ...
CM Vijay's UK visit brings Rs 12,300 crore investment commitments; 9,400 jobs to Tamil NaduTamil Nadu's Chief Minister C Joseph Vijay secured significant investments during his UK visit. Multiple MoUs totaling approximately Rs 12,...
Jaypee Infratech to invests Rs 3,000 crore in next 2 yrs to complete stalled projectsJaypee Infratech will invest Rs 3,000 crore over two years to complete stalled housing projects. All stuck homebuyers will receive their ap...
Brookfield looks to buy PGP Glass for up to $1.5 bn from BlackstoneBrookfield is negotiating to acquire PGP Glass from Blackstone for $1.3 billion. This deal marks a significant transaction between two majo...
Marengo Asia Hospitals raises Rs 400 crore from LeapFrog InvestmentsMarengo Asia Hospitals has secured Rs. 400 crore funding from LeapFrog Investments. This capital will fuel expansion into tier one and two ...
Electric two-wheeler maker Ultraviolette to invest Rs 779 crore in new manafacturing facility in TN over next 5 years: CEO Narayan SubramaniamElectric two-wheeler maker Ultraviolette will establish a new manufacturing facility in Hosur, Tamil Nadu. The company plans to invest Rs 7...
Sumadhura Group to invest Rs 17,000 cr on realty projects, land acquisitionThe Sumadhura Group is gearing up for a massive investment of Rs 17,000 crore, set to complete by March 2030. This extensive funding will d...
M3M acquires Noida land for record Rs 2,000 croreM3M India proudly secured a massive 12.5-acre land parcel in Noida for around Rs 2,000 crore, further bolstering its footprint. Alongside t...
Signature Global to launch 2 housing projects worth Rs 12,000cr in 2nd half of FY27: ChairmanSignature Global is set to unveil two significant housing projects in Gurugram, collectively worth Rs 12,000 crore. Expected to launch in t...
SIP calculator: How much should you invest at 30, 35 or 40 to build ₹1 crore by 50?