Searched for
CUSTOMS PAYMENT FRAUD
34-year-old woman told Rs 9 crore sent to her from abroad was stuck at customs; she paid for its release, lost Rs 1.2 crore to fraudA 34-year-old West Delhi woman allegedly lost around Rs 1.2 crore after fraudsters told her a diplomatic parcel containing £7 lakh was stuc...- UPI MDR could create Rs 27,000 crore revenue pool by FY28: BernsteinA 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...
- ETtech Explainer: Who pays MDR on UPI and who does notStarting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under...
- UPI MDR: 10 UPI transactions that will attract MDR charges; what’s the maximum you will payA new UPI framework will implement fees on certain merchant transactions while keeping person-to-person payments and transactions under two...
- Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective 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...
- Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
- 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...
- UPI MDR seen as sustenance fee, not windfall; small merchants remain shieldedA new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...
- UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
- HDFC credit card holder lost Rs 1.39 lakh in an unauthorised transaction, bank says card details and OTP were used; court orders HDFC Bank to pay him Rs 1.75 lakhAn HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...
- 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...
- Fintechs high on AI, but yet to let it handle your moneyThe Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...
- FADA in initial pact with Rosmerta Digital to simplify vehicle compliance servicesFADA and Rosmerta Digital Services have partnered to simplify vehicle compliance procedures. Their new platform, Rosmart, offers citizens a...
- BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...
- PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
- PayU launches AI-powered fraud protection for cross-border card paymentsPayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...
- GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
- Fintech founders bet that the bot will become the buyerAgentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Cor...
- Credit card lost, and someone used it; who will cover the lost money - you or the bank?What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...
- GFF 2026: Axis Bank, J.P. Morgan see banking move from AI that knows customers to AI that actsBanks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking s...
Load More
