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UPI payments: What it is, how it works and why it's a game changerUPI payments are the talk of the town everywhere now. From tea stalls to big shops, UPI payments are accepted everywhere. In ...
Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...
The digital payment transactions (including UPI) surged with over 18,120 crore transactions in 2024-25 (till January this ...
The National Payments Corporation of India (NPCI) has introduced new security measures to protect Unified Payments Interface (UPI) accounts linked to inactive mobile numbers, aiming to reduce fraud ...
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PF ATM Withdrawal: You Can Soon Withdraw PF Money Through PhonePe, Google Pay, Paytm, and BHIM App – Here's What You Need to KnowSoon, with just a few clicks, you can withdraw your PF directly from ATM apps like PhonePe, Google Pay, Paytm, and BHIM. The ...
The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...
New Worldpay GPR25 report shows wallets and real-time transfers now dominate e-commerce, gaining ground at physical points of ...
The RBI will also continue its engagement in a multilateral project called Project Nexus, to enable instant cross-border ...
The meeting was attended by the new RBI Governor and senior officials of the apex bank. Senior executives from the payments, ...
RBI Governor emphasizes need for expanding digital payments in India, focusing on awareness, efficiency, and innovation for ...
The initial focus of the Unified Lending Interface is to provide small-ticket loans and improve collection efficiency ...
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