UPI MDR Could Create Rs 20,000 Crore Revenue Pool For Banks, Payment Firms
New UPI MDR rules could create a revenue opportunity of up to Rs 20,000 crore for banks and digital payment companies annually.
UPI Charges Explained: Centre Says Person-To-Person Payments Will Remain Free
The Centre has clarified that person-to-person UPI transactions will remain free, while possible merchant charges under the new law are yet to be finalised.
‘UPI Payments Will Remain Free’: Govt Clarifies MDR Proposal
The government said UPI payments will remain free for consumers, while any future MDR would apply only to select merchant transactions.
Government Proposes MDR On High-Value UPI, RuPay Transactions
The government has proposed allowing MDR on high-value UPI and RuPay transactions through amendments to the Payment and Settlement Systems Act.
Paytm Sees Major Trade Involving 1.7 Crore Shares; Stock Dips Slightly
Shares of One97 Communications Ltd, the parent company of Paytm, dipped slightly on Tuesday after a massive trade involving 1.7 crore shares.
