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SC refuses to stay MDR on UPI payments above ₹ 2k

NEW DELHI: The Supreme Court on Monday issued notices to the Centre, the Reserve Bank of India and others on a PIL challenging the decision

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PIL in SC challenges imposition of 0.4% MDR on UPI payments

NEW DELHI: A day after the Centre announced imposition of a merchant discount rate (MDR) on specified UPI person-to-merchant (P2M) transactions of above Rs 2,000,

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Govt sets 0.4% fee on UPI payments above Rs 2k

NEW DELHI: Ending nearly six years of fully free UPI payments, the government on Tuesday introduced a 0.4 per cent fee on transfers worth more