Tag Archives: NPCI

More than 1,000 trade associations across Gujarat will observe: The wider industry impact

Ahmedabad: More than 1,000 trade associations across Gujarat will observe a symbolic statewide ‘No UPI [...]

Gujarat petrol dealers seek exemption — 0.4% UPI MDR

Ahmedabad: The Federation of Gujarat Petroleum Dealers Associations has urged National Payments Corporation of India [...]

Why it matters: Merchants wary of margin squeeze as Centre announces: The wider industry impact

Hyderabad: The Centre is sticking to its decision to introduce a 0.4% Merchant Discount Rate [...]

Large retailers, however, said the 0.4% MDR was too small to warrant passing the cost

Pinching pockets

Rai said the govt had repeatedly promised UPI would stay free, but had now introduced a charge

Lucknow: Uttar Pradesh Congress president Ajay Rai on Wednesday opposed the new Merchant Discount Rate [...]

What remains free, what will come under MDR and other things to know: The wider industry impact

Person-to-merchant UPI payments over Rs 2,000 to attract MDR : What remains free, what will [...]

NPCI may soon allow AI agents to make UPI payments on your behalf: The wider industry impact

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By using UPI Lite, you can pay instantly without typing your PIN: The wider industry impact

The good news is that the National Payments Corporation of India (NPCI) has introduced UPI [...]