Tag Archives: NPCI
Despite this change, NPCI Managing Director and CEO Dilip Asbe stated on Thursday that the new
The National Payments Corporation of India (NPCI) has introduced a new Merchant Discount Rate (MDR) [...]
Sep
Here are seven bank transactions you should never simply ignore, and what you can do if you
In today's digital world, banking has seen a tremendous transformation. Digital payments have made it [...]
Sep
UPI fee burden won’t fall on consumers, govt plans to track merchants: Report
The Union finance ministry is implementing a monitoring system aimed at preventing the Merchant Discount [...]
Sep
Union Finance Minister Nirmala Sitharaman stated on Wednesday that India’s digital payments
Union Finance Minister Nirmala Sitharaman stated on Wednesday that India’s digital payments system has achieved [...]
Sep
Retailers’ body on new UPI merchant fee — ‘Think twice about accepting cash’
The government is set to end free UPI payments after six years, introducing a 0.4% [...]
Sep
Petrol pump dealers across India are planning to stop accepting unified payments interface
Petrol pump dealers across India are planning to stop accepting unified payments interface (UPI) payments [...]
Sep
However, the NPCI clarified that merchants on-boarded cannot pass on MDR charges to customers
The announcement of a 0.4% Merchant Discount Rate (MDR) on UPI payments above ₹ 2,000 [...]
Sep
India’s click-and-pay UPI services will attract a fractional charge above Rs 2,000 for merchant
India's click-and-pay UPI services will attract a fractional charge above Rs 2,000 for merchant payments, [...]
Sep