UPI transactions
- Business
No plan to levy GST on UPI transactions exceeding Rs 2000, reiterates Centre
New Delhi: The government has reiterated that there is no plan to levy goods and services tax (GST) on unified payments interface (UPI)-based transactions exceeding Rs 2,000. Pankaj Chaudhary, Minister of State…
- Business
NPCI allows Paytm to continue UPI operation via SBI, 3 other banks
Mumbai: Ensuring continuity in payment operations by Paytm users, the National Payments Corporation of India (NPCI) on Thursday allowed the company to continue UPI transactions through four banks — SBI, Axis Bank,…
- Business
NPCI clarifies that customers won’t be charged for UPI transactions
New Delhi: The National Payments Corporation of India (NPCI) on Wednesday said that it has now permitted the Prepaid Payment Instruments (PPI wallets) to be part of the interoperable UPI ecosystem and…
- Technology
UPI transactions see 650% rise at semi-urban, rural stores: Report
New Delhi: The unified payments interface (UPI) transactions witnessed a meteoric 650 per cent rise at the semi-urban and rural stores in India this year, a report showed on Tuesday. There was…