digital transactions
- Business
No UPI charges for users, most merchant payments free too: Govt
New Delhi: Allaying fears over the possible imposition of charges on Unified Payment Interface (UPI) transactions, the government on Saturday, August 8, clarified that consumers and small merchants will continue to enjoy…
- Business
UPI payments above Rs 2,000? Key highlights of new Taxation Bill
New Delhi: The Taxation and other Laws (Amendment) Bill, through which the government wants to promote domestic electronics manufacturing, attracts foreign funds and modifies the zero-MDR framework on digital payments was passed…
- Business
UPI payments above Rs 2K may attract MDR after LS passes Bill
New Delhi: Lok Sabha on Thursday, August 6, passed a Bill to amend the Payment and Settlement Systems Act, 2007, that authorises the government to permit banks and other service providers to…
- India
UPI business transactions above Rs 2,000 may attract charges
Hyderabad: The government is likely to allow banks and payment service providers to levy a charge of 0.25 to 0.4 per cent as merchant discount rate (MDR) on UPI payments above Rs 2,000…
- Business
From April 1, two-factor authentication for all digital payments, including UPI
New Delhi: Two-factor authentication for all digital transactions, including popular UPI platform, becomes effective from Wednesday, April 1, in line with the RBI’s direction as a measure to curb fraud. Transactions will…
- Technology
India completes 65,000 cr digital transactions worth Rs 12,000 lakh cr
New Delhi: Over 65,000 crore digital transactions have taken place in the last six financial years (FY20 to FY25), amounting to more than Rs 12,000 lakh crore, the Parliament was informed on…
- Technology
UPI transactions surge to Rs 223 lakh crore in Jan-Nov
New Delhi: The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, ‘showcasing its transformative impact on financial transactions’ in India,…
