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UPI ADDED CHARGES
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
CBSE says 40,000 students complete re-evaluation process without issues, portal open from June 2 to 6The Central Board of Secondary Education (CBSE) has launched a portal for Class 12 students to verify scanned answer books and request re-e...
One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
CBI takes over probe in murder of West Bengal CM Suvendu's aide, files FIRThe CBI has taken over the investigation into the murder of Chandranath Rath, aide to West Bengal Chief Minister Suvendu Adhikari. The stat...
Paytm shares climb 5% after Q4 results. Do Jefferies, Goldman Sachs and Bernstein see further upside?Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. This led to a significant rally in...
CashKaro grows 72% to Rs 600 cr, enables over Rs 10,000 cr in sales to partner brandsCashKaro's growth, driven by efficiency and AI, enabled over Rs 10,000 crore in sales for partner brands. The company highlights the growin...
India’s credit card market expands to 119 million, PSU banks gain in spendsIndia's credit card market has surpassed 119 million cards. HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank dominate this sector. HDFC Bank...
Paytm says no financial or business impact from PPBL action; services remain fully operationalPaytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on...
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
22k gold rate today: Check 22K, 24K gold prices (April 7, 2026) on Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and IBJAGold rate prediction: Gold prices are experiencing volatility amid heightened geopolitical tensions, with a US deadline for Iran creating u...
UPI, RuPay subsidy shrinks to Rs 8,000 crore over four yearsThe digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...
No merchant discount rate on UPI transactionsThe finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant ...
Majority of users to stop using UPI if it attracts transaction fee: SurveyAccording to a survey by LocalCircles, a majority of people will stop using UPI if a transaction fee is imposed. The survey also found that...
ICICI Bank, Axis Bank remove UPI transaction charges from websites but these banks have notPrivate sector lender, ICICI Bank mentions ‘NIL’ under charges for UPI transactions on its website. The Axis Bank website shows an error me...
CBDT asks banks to refund any fees levied on UPI transactions in 2020Private banks such as ICICI Bank, Axis Bank, Kotak Mahindra Bank and HDFC Bank have recently started charging customers on UPI transactions...
Banks cautioned against imposing levies like MDR on electronic transactionsCentral Board of Direct Taxes has also directed banks to refund charges since January 1, 2020, collected on transactions carried out using ...
Government, RBI need to share cost of maintaining UPI infrastructure: Report"With the government's vision of no direct or indirect charge on payments using UPI, an appropriate sharing of cost burden by the governmen...
Banks may cut UPI charges for merchantsPeer-to-peer (P2P) transfers under UPI are currently free but businesses are charged for receiving payments via this mobile-based system.
Banks to start charging for P2P payments on UPIThe world over, charges are levied for such transactions, and for UPI transactions it is the merchant who pays while for P2P, it is the sen...