Unified Payments Interface (UPI)
Signals mentioning Unified Payments Interface (UPI)
- Finance Ministry says UPI payments remain free amid fee rumours
- PhonePe says UPI will stay free for consumers amid fee speculation
- PCI says UPI will remain free for consumers and small merchants despite MDR law change
- Parliament removes legal bar on UPI, RuPay merchant fees; charges not yet notified
- Kirana UPI acceptance remains free for now as MDR policy review looms
- UPI’s zero-MDR regime could be revised, shifting future payment costs to merchants
- Sitharaman says any future UPI MDR would be paid by merchants, not customers
- UPI merchant-charge debate returns after Parliament clears enabling amendments
- Fino Payments Bank reports 304% jump in July loan disbursals as deposits rise 12%
- Mastercard says UPI is expanding India’s digital-payments market, not displacing cards
- KBC Season 18 signs 25+ sponsors ahead of August 10 premiere
- Lok Sabha clears ToLA Bill, opening scope for MDR on UPI and extending key tax exemptions
- Only 12% of UPI users would pay fees above Rs 3,000, LocalCircles survey finds
- Proposed payments-law changes could open UPI to merchant discount rates
- India opens door to UPI merchant fees, putting large retailers in focus
- Survey: 53% may avoid UPI payments above ₹3,000 if MDR is reintroduced
- UPI hits record ₹29.9 lakh crore in July as merchant digital payments scale
- UPI volumes rise 4% MoM to 23.66 billion transactions in July
- Favara-UPI corridor launches for real-time Maldives-to-India transfers
- Nandan Nilekani’s digital public infrastructure legacy keeps ONDC in retail focus