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SC refuses stay on MDR for UPI merchant payments above Rs 2,000

SC refuses stay on MDR for UPI merchant payments above Rs 2,000

The court declined an interim stay on the Centre’s new fee framework, under which a 0.4 per cent MDR will apply to specified person-to-merchant UPI transactions from October 15, while P2P transfers will remain free.

28 Sept 2026 2:30 PM IST

UPI payments above Rs 2,000 to be charged; Centre issues notice

UPI payments above Rs 2,000 to be charged; Centre issues notice

15 Sept 2026 10:42 AM IST

UPI payments now available for Indians in Uzbekistan

UPI payments now available for Indians in Uzbekistan

The facility allows Indian tourists, business travellers and students to make direct merchant payments through...

31 Aug 2026 7:44 PM IST

UPI row: Congress alleges US pressure behind Modi govt move

UPI row: Congress alleges US pressure behind Modi govt move

Congress MP Jairam Ramesh questioned the proposed changes to the legal framework governing digital paymentsHe pointed...

7 Aug 2026 7:41 PM IST

UPI payment failed, but money debited? Here’s what you must do

UPI payment failed, but money debited? Here’s what you must do

New Delhi: A failed UPI payment can quickly turn into a double-payment nightmare when money leaves your bank account...

7 Aug 2026 4:34 PM IST

Someone has to pay cost: RBI Governor on proposed MDR

Someone has to pay cost: RBI Governor on proposed MDR

He was responding to a question, at a press conference here, on how the RBI plans to impose a merchant discount rate...

5 Aug 2026 3:51 PM IST

UPI payments could see new limits as NPCI targets fraud-prone features

UPI payments could see new limits as NPCI targets fraud-prone features

The proposed steps aim to reduce customer losses linked to merchant-initiated payment requests and recurring...

22 Dec 2025 3:12 PM IST

UPI clocks highest ever single-day payments of Rs 1.02 lakh crore as GST rate cuts spur demand

UPI clocks highest ever single-day payments of Rs 1.02 lakh crore as GST rate cuts spur demand

During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million — higher than...

23 Oct 2025 2:44 PM IST