Finance
Unified Payments Interface (UPI) transactions continue to be free for consumers, emphasising the Indian government's commitment to promoting digital payments. The interface allows users to make convenient and instant payments, facilitating a seamless transaction experience across...
The forthcoming Merchant Discount Rate (MDR) framework for UPI payments, set to take effect on October 15, 2026, introduces a fixed charge of Rs 5 for transactions exceeding Rs 2,000, applicable to designated merchant categories. Unlike...
New UPI Charges to Take Effect from October 15, 2023
A new charge structure for UPI payments will be implemented from October 15, affecting only certain transactions. Under the new Merchant Discount Rate (MDR)...
New UPI Rules Ensure Zero Charges for Person-to-Person Transactions
The recent announcement by the government confirms that all Person-to-Person (P2P) transfers using the Unified Payments Interface (UPI) will incur no charges, regardless of...
India Limits Fee-Free UPI & RuPay Payments to Rs 2,000, Unclear on Larger Amounts
The Indian government has mandated new regulations concerning payment methods, establishing a limit of Rs 2,000 for free transactions. Since September 14, payments using...
UPI ने एक साल में 24 हजार करोड़ ट्रांजैक्शन, 10 देशों में बनी लोकप्रियता
यूनिफाइड पेमेंट्स इंटरफेस यानी UPI ने भारत में पिछले एक साल में 24 हजार करोड़ ट्रांजैक्शन का आंकड़ा छू लिया है। यह डिजिटल भुगतान...
RBI Expected To Raise Rates By 25 Basis Points In October And December
The Reserve Bank of India (RBI) is anticipated to implement two separate 25-basis-point rate hikes during its Monetary Policy Committee (MPC) meetings in October...
iPhone Duo At Rs 4.49 Lakh Or SIP: What Could Your Money Become In 10 Years?
Apple has entered the foldable smartphone market with the iPhone Duo, but its top-end 2TB model comes with a price tag of Rs 4,49,900...
₹2,000 तक No चार्ज: UPI पेमेंट पर नया नोटिफिकेशन क्या कहता है?
अगर आप UPI के जरिए रोजाना खरीदारी करते हैं, तो ₹2,000 की लिमिट आपको सीधे प्रभावित कर सकती है। हाल ही में सरकार ने...
MakeMyTrip Forex Card Fees Explained: Loading, ATM Withdrawal, and Cross-Currency Charges
Planning an overseas trip often means thinking beyond flights and hotels. You also need to decide how you will carry and spend your money...
Is loan insurance mandatory with a personal loan
You are close to finalizing a personal loan when the lender mentions insurance, a policy that would cover your loan if something happened to...
Rising Global Yields May Limit India’s Rate-Cut Potential
The potential for further rate cuts in India may be limited due to rising global bond yields, as outlined in HSBC Mutual Fund's latest...
No Mobile Data? RBI’s New UPI Tap And Pay Can Use POS Terminal Internet
Paying through UPI at physical stores could become easier for users without an active mobile data connection, with the Reserve Bank of India unveiling...
RBI Governor Advises Fintech Firms to Avoid Exploiting Regulatory Gaps
The Reserve Bank of India (RBI) Governor, Sanjay Malhotra, emphasised the importance of fintech companies engaging early with regulatory authorities rather than expanding their...