UPI Payments: App Offers ₹1,999 QR Splits Amid New MDR Rules; Social Media Raises Fraud Concerns
An online screenshot showing a tool that claims to split UPI payments into instalments of up to Rs 1,999 has ...
Tag: UPI Payments
UPI Charges Above Rs 2000: Govt To Ensure Consumers Don’t Pay
The government is preparing a monitoring mechanism to ensure that the new Merchant Discount Rate (MDR) on select UPI transactions ...
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 ...
India to Go Fully Digital at Toll Plazas from April 10, Cash Payments to Be Discontinued
India is set to implement a major shift in highway travel as cash payments at toll plazas will be completely ...
CDA Introduces Cashless Payment System, Enables Digital Payments Up to ₹5 Lakh
In a significant move towards strengthening digital governance and improving citizen convenience, the Cuttack Development Authority (CDA) has launched a ...
India-Cyprus Business Ties Strengthen with Strategic Agreements
Prime Minister Narendra Modi and Cyprus President Nikos Christodoulides engaged in a high-powered business roundtable, uniting leaders from India and ...
End of Free UPI? Digital Transactions Above Rs 3,000 May Face Charges
The government is exploring the idea of reintroducing a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 3,000. The ...
PhonePe to Launch UPI Payments for New Feature Phone Users
PhonePe Limited (“PhonePe”), today announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based ...
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