With UPI’s zero-cost era under review by the government, mid-market businesses and payment firms are preparing for a potential margin crunch.
UPI payments are free for merchants, while card transactions carry MDR. Here's why the two digital payment systems have different costs and how a possible UPI charge could work ...
UPI has remained free for consumers since its launch in 2016. Users can continue making instant digital payments without ...
UPI powers billions of transactions every month and remains free for users. Here's why transaction charges are being debated ...
UPI has grown exponentially in India, with transaction value now equivalent to 70% of currency in circulation as adoption ...
If you use UPI payment for everything, then here is a big change you must be aware of, which is coming for India’s digital payment system. The government is looking at bringing back Merchant Discount ...
The National Payments Corporation of India (NPCI) is reportedly pushing privacy upgrades for UPI payments and discussing plans to mask phone numbers. The government is reportedly in talks with banks ...
Consumers and small merchants, including kirana stores, can continue using UPI payments without transaction charges as ...
Offline UPI payments might show up in India pretty soon, and they will probably make it a lot easier for people to use digital payments, especially where the internet comes and goes. The National ...
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