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...

Traders will now encourage cash payments to avoid new UPI transaction fees. A 0.4 percent charge applies to UPI transactions exceeding two ...

UPI 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...

The central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...

UPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...

At GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...

SquadStack.ai now offers outcome-based pricing for its Voice AI sales agents. Customers will pay based on revenue generated, not call minut...

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...

India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...

Despite a monthly income of ₹2.5 lakh, a Bengaluru professional finds himself under financial pressure due to hefty EMIs and credit card pa...

Younger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...

True Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...

Credit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...