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UPI CHARGES EXPLAINED
Stage being set for levying UPI transaction fee: Cong slams govtCongress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...- India consults banks, payment firms on fees for large UPI payments, sources sayIndia's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments o...
- 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...
- UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: The government has clarified confusion over UPI payment charges, saying consumers will not have to pay a transac...
- Amazon Now’s sales surge; govt’s stance on UPI chargesHappy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...
- Coforge row deepens; MDR on UPI coming soonCoforge’s boardroom brouhaha has taken a new turn days after chairman Om Prakash Bhatt’s resignation. This and more in today’s ETtech Top 5.
- UpGrad completes Unacademy acquisition; Ultrahuman’s $60 million raiseUpGrad has completed its acquisition of Unacademy, marking the close of a major consolidation in India’s edtech sector. This and more in to...
- UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...
- Opinion: The problem with a threshold-based MDRThe ongoing discussions around UPI pricing are shifting towards ensuring system financing while still promoting widespread adoption. Consum...
- Razorpay launches AI model trained on four billion paymentsRazorpay has launched an AI foundation model to enhance online payment success. This advanced system improves fraud detection and payment r...
- The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
- India won political freedom in 1947. Financial freedom is the next frontierNavneet Munot, MD and CEO of HDFC AMC, writes on how Indian households are building financial freedom through capital markets, UPI, and sys...
- Infra.Market’s backdoor listing; Honasa posts record profitInfra.Market is set to enter the public markets through a reverse merger with Shalimar Paints. This and more in today's ETtech Top 5.
- PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
- Ola Electric's PLI woes; Paytm rides MDR hopesOla Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5.
- UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...
- UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
- India must not rewrite its UPI policies under US pressure: GTRIIndia's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy fo...
- Will UPI become chargeable? FM Niramala Sitharaman clears the airFinance Minister Nirmala Sitharaman clarified merchant discount rates will not affect customers. She stated that merchants will bear any ch...
- Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
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