Daily Latest News
UPI’s six-year run as a largely free payment option for merchants is set to face a test from October 15, with a 0.4% merchant discount rate (MDR) coming into effect for person-to-merchant payments above Rs 2,000. A new LocalCircles survey suggests the change could push a large number of consumers towards cash, credit cards, debit…
Today, on September 28, the Supreme Court will hear the PIL related to charging on UPI payments. The government has decided to impose 0.4% fee on payments above Rs 2,000. The new system is to be implemented from October 15. In the petition, a demand has been made to cancel the collection of this fee….
Today, on September 28, the Supreme Court will hear the PIL related to charging on UPI payments. The government has decided to impose 0.4% fee on payments above Rs 2,000. The new system is to be implemented from October 15. In the petition, a demand has been made to cancel the collection of this fee….