The Indian government is considering reinstating MDR on UPI and RuPay transactions for merchants with a turnover above Rs 40 ...

Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...

The initial focus of the Unified Lending Interface is to provide small-ticket loans and improve collection efficiency ...

This is Coinbase’s second attempt to expand into India. In 2022, the company had integrated with India’s Unified Payments ...

Top of her list? India’s digital IDs and Unified Payments Interface (UPI) — a system that lets you pay for anything, anywhere ...

The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...

The provisions of this circular will come into force from April 07, 2025 and will be applicable to the Rights Issues that are ...

The State Bank of India (SBI) has encountered technical issues impacting its Unified Payments Interface (UPI) services, ...

SBI reported technical difficulties impacting its UPI services, leading to customer disruptions. The bank informed users via an official post on X about potential intermittent issues with UPI ...

The government may be considering bringing back merchant charges on transactions made using Unified Payments Interface (UPI) and RuPay-powered debit cards. However, this is for large merchants whose ...

The government is reportedly considering reintroducing merchant discount rate (MDR) on Unified Payments Interface (UPI) and RuPay debit card transactions. As per a report in The Economic Times, two ...