Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

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...

Under the new framework, the government has introduced a 0.4% MDR on P2M (person-to-merchant) UPI transactions above Rs 2,000, capped at Rs...

The new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...

A 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...

Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...

Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4 per cent MDR with an overall cap of Rs 300. Besides...

UPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merchants will pay eight...

NPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...

The National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...

ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. The fee is about Rs 21 lakh a year f...

His comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...

India's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments o...

India is set to enhance connectivity in its challenging and remote areas through satellite communications. The Telecom Regulatory Authority...

Coforge’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.

The issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...

The PFRDA has unveiled ten significant proposals aimed at reforming its Points of Presence rules to enhance the pension service landscape. ...