product · 9 records
UPI
Supreme Court Petition Challenges New MDR Charges on UPI Transactions
A public interest litigation has been filed in the Supreme Court challenging the Indian government's notification imposing a 0.4% Merchant Discount Rate (MDR) on UPI merchant payments exceeding ₹2,000.
No question of rollback: Govt defends UPI charges
The Indian government has rejected calls to withdraw a new 0.4 percent Merchant Discount Rate on high-value UPI transactions, denying claims of foreign influence.
No rethink: Govt firm on UPI merchant fee amid rollback demands
The Indian government has rejected demands to withdraw a 0.4% merchant discount rate on certain UPI transactions.
No rollback of MDR charges on UPI payments, confirms central sources
The central government of India clarified that it will not roll back the decision to impose a Merchant Discount Rate (MDR) on certain UPI transactions.
Congress divided over UPI charges: Rahul Gandhi opposes, MPs supported
Disagreement emerges within the Indian National Congress as party members were part of a parliamentary committee that recommended UPI merchant discount rates, while Rahul Gandhi opposes the move.
UPI charges on recurring utility and subscription payments clarified
The Indian government has clarified that no Merchant Discount Rate (MDR) charges will apply to automated recurring UPI payments for utility bills, subscriptions, and investments.
UPI ka naya niyam! Rehdi-patri walon ka kya hoga?
New UPI payment rules are scheduled to take effect in India starting October 15, 2026.
Finance Ministry proposes reinstating merchant discount rates for UPI transactions
The Indian Finance Ministry has proposed amendments to the Payment and Settlement Systems Act to reinstate merchant discount rates on UPI transactions for sustainable funding.
EPFO delays launch of UPI linked PF claim facility until August
EPFO delays UPI-linked PF claim facility launch to August due to technical defects in the CITES 2.01 digital portal.