Categories: Top Stories

Person-to-person transactions to remain free: Govt clarifies no charges for UPI users

In a press release, the Ministry of Finance has said that users will not be charged for making UPI payments, and all Person-to-Person (P2P) transactions will continue to remain free. It said that if a Merchant Discount Rate (MDR) is introduced in the future, it will apply only to a limited category of merchant transactions above a specified threshold.

The News Vista

Share
Published by
The News Vista

Recent Posts

EC-SIR row brings opposition on same page; INDIA bloc to hold meeting on September 30

In New Delhi on September 30, the INDIA bloc's opposition parties are set to meet,…

1 hour ago

Indian Railways To Run 102 Special Trains For Dussehra, Diwali Rush: Check Routes, Timings – Outlook India

Indian Railways To Run 102 Special Trains For Dussehra, Diwali Rush: Check Routes, Timings  Outlook India

1 hour ago

San Diego clears 60 tons of wildfire fuel from 750 acres at Mission Trails

In Mission Trails Regional Park, a significant vegetation removal project is underway, focusing on minimizing…

2 hours ago