In October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...

The Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...

Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Associati...

Ending nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transfers worth over Rs 2,000 made ...

NSE's Managing Director Ashish Chauhan mentioned there have been no government discussions about the new MDR on UPI payments. He indicated ...

The Confederation of All India Traders (CAIT) said it has taken serious note of certain media reports and social media posts claiming that ...

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

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

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...

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...

Traders across Madhya Pradesh organized a 'No UPI Day' protest against the imposition of a 0.4% fee. The protest involved covering QR codes...

State Bank of India will start charging a merchant discount rate on UPI payments exceeding Rs 2,000 from October 15. The bank anticipates g...

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

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

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...

Select UPI merchant transactions will incur a Merchant Discount Rate. However, transactions under two thousand rupees will remain free for ...

UPI 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...