SC to Hear Plea Challenging 0.4% MDR on UPI Payments Above Rs 2,000 on Monday
The Supreme Court is set to examine the legality of the Centre’s decision to roll back nearly six years of ...
Tag: UPI
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 ...
BRICS@20: PM Modi Calls to Remove Top 10 Trade Barriers and Scale 100 Startups Annually
Addressing the BRICS Business Forum 2026, PM Narendra Modi highlighted India’s startup growth, UPI dominance, and proposed a 3-point action ...
UPI Merchant Charges: PCI Supports MDR for Large Businesses, Consumers Exempt
The Payments Council of India (PCI) has welcomed the government’s move to allow merchant discount rates (MDR) on Unified Payments ...
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 ...
Favara‑UPI Corridor Goes Live Between Maldives and India, Enables Real‑Time Transfers
The Maldives Monetary Authority (MMA) has announced the successful go‑live of the Favara‑UPI cross‑border payment corridor, enabling individuals in the ...
India and Israel Sign MoUs Across AI, Agriculture and Cybersecurity
India and Israel signed a series of agreements and memorandums of understanding during Prime Minister Narendra Modi’s two‑day state visit ...
India Toll Plazas Go Cashless from April 1! FASTag and UPI Mandatory on NHs
In a significant push towards a cashless economy, the National Highways Authority of India (NHAI) has announced plans to eliminate ...
UPI Gets Biometric Boost: NPCI Launches Fingerprint and Face Authentication for Payments
The National Payments Corporation of India (NPCI) has launched a new feature for UPI payments. Now, users can make transactions ...
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 ...
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