UPI New Rules: MDR Charges, Fuel, Insurance, Bills And Railway Payments Explained
The new UPI framework has introduced changes to how certain merchant transactions are charged, including a 0.4% merchant discount rate ...
Tag: NPCI
Ashneer Grover On UPI Merchant Fee: ‘End Of Day, Consumer Pays’
Entrepreneur and BharatPe co-founder Ashneer Grover has questioned the proposed merchant charge on UPI transactions above Rs 2,000, arguing that ...
UPI Stays Free for People and Most Shops. Here’s What Actually Changes
India’s Unified Payments Interface will remain completely free for every person-to-person transfer, the Ministry of Finance said on 15 September ...
Government Clarifies No Charges on UPI Payments Up to Rs 2,000
The Union government has formally notified that Unified Payments Interface (UPI) transactions up to Rs 2,000 will remain free of ...
Odisha Makes Aadhaar-Linked Bank Accounts Mandatory in DBT Schemes to Curb Irregularities
Odisha’s Finance Department has ordered a statewide shift in how government benefits are paid. Direct Benefit Transfer (DBT) schemes will ...
UPI Forever Free for Indians: Govt Busts Myths, Vows No Charges on Users
In a clear and categorical statement, the Ministry of Finance today put to rest all speculation around charges on the ...
Centre Introduces Bill Allowing UPI Charges on Transactions Above Rs 2,000
The Centre has introduced the Taxation and Other Laws (Amendment) Bill, 2026 in the Lok Sabha, proposing legal changes that could allow ...
ICICI Bank Starts Charging UPI Aggregators Amid Record Usage Surge
ICICI Bank has rolled out transaction fees on UPI payments processed by aggregators like PhonePe and Google Pay. This development ...
NPCI Urges ‘Stop, Think, Act’: A New Shield for UPI Users
The National Payments Corporation of India (NPCI) is at the forefront of driving innovation and facilitating India’s digital payment revolution. ...
PhonePe’s UPI Circle Boosts Digital Accessibility for Families
PhonePe unveiled UPI Circle, a groundbreaking feature designed to enhance digital payment accessibility for users without a linked bank account. ...
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