Recent updates to UPI regulations have introduced a Merchant Discount Rate for certain transactions. While consumers will not incur any fees for their UPI payments, merchants will face a 0.4% charge on transactions above two thousand rupees. However, person-to-person UPI transfers and payments from small merchants continue to be free. This initiative is designed to foster sustainability and innovation in the digital payment ecosystem.
Post Content
India's government has reduced export levies on petrol, diesel, and aviation fuel. The revised rates…
Coco Gauff and Emma Raducanu have gone on very different journeys to make it financially…
Pakistan lodges counter-protest after India summons its envoy over Arabian Sea naval collision The New Indian…
President Trump welcomed Prime Minister Modi's efforts to curb opium poppy cultivation in India. Washington…