UPI MDR Explained: What Changes, What Stays Free
UPI person-to-person transfers remain free, while specified merchant transactions above ₹2,000 will attract MDR under the new framework.
Digital Payments
UPI Stays Free For Users, Know- Why 0.4% Fee Above Rs 2,000 Still Matters?
NPCI’s revised framework imposes MDR on selected UPI merchant payments above Rs 2,000, while keeping transactions free for consumers.
UPI Payments Up To Rs 2,000 Stay Free, Govt Bars Charges
The government has barred banks and payment system providers from charging users or recipients for UPI transactions of up to Rs 2,000.
WhatsApp Launches Bill Payments in India, Covers Over 22,700 Billers
WhatsApp users in India can now pay household and utility bills directly within the app through Bharat Connect.
RBI Digital Payment Alert: Check These Details Before Sending Money
RBI has advised users to verify the beneficiary name and payment amount carefully before confirming digital transactions to avoid payment errors.
Paytm Launches Split Bills Feature, Lets Users Easily Track And Share Group Expenses
Paytm has introduced the Split Bills feature, allowing users to split, track and settle shared expenses with friends and family through multiple payment modes without extra charges.