Payments body writes to PMO, seeks return of MDR on UPI for large merchants and RuPay debit cards
The Payments Council of India (PCI), an industry body representing digital payments companies, has written to the Prime ...
UPI incentive of Rs 1,500 crore 'insufficient' to sustain digital payment ecosystem: Payments Council of India
The Payments Council of India has expressed concerns about the sustainability of the digital payments ecosystem due to the zero MDR policy and reduced government incentives of Rs 1,500 crore. Without ...
ET Now on MSN5d
Cabinet decision today: Incentives for UPI transaction of upto Rs 2,000 - Good news for small merchants!
The ‘Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)’ for the financial year ...
New UPI Rules from April 1: Which users will be impacted and what actions they should take?
Starting April 1, mobile numbers linked to UPI accounts but not used for a long time will be removed from bank records, as ...
India Approves Rs 1,500 Crore Incentive for UPI Transactions to Boost Digital Payments
The Union Cabinet has approved a Rs 1,500 crore incentive scheme to promote low-value BHIM-UPI transactions, focusing on merchant payments. The initiative, running from April 2024 to March 2025, aims ...
Cabinet approves Rs 1,500 crore incentive scheme to promote BHIM-UPI transactions below Rs 2,000
BENGALURU: The Union Cabinet on Wednesday approved the Rs 1,500-crore incentive scheme to promote BHIM-UPI transactions below ...
Digital Payments To Get Easier! Rs 1,500 cr Incentive for Promotion of Small-value UPI Payments Approved By Cabinet
The government has approved a Rs 1,500 crore UPI incentive scheme to promote digital transactions, targeting Rs 20,000 crore in volume. It enhances financial inclusion, supports small merchants, and ...
Your Story11d
Flipkart-backed Super.money climbs UPI rankings in Feb as leaders see volumes dip
The largest UPI platform, PhonePe's total transaction value remained above Rs 11.18 lakh crore. Google Pay recorded a total value of Rs 7.71 lakh crore. Paytm retained its third-place ranking ...