GUWAHATI: The Supreme Court on Monday, September 28, refused to stay the Centre’s decision to impose a Merchant Discount Rate (MDR) of 0.4% on specified UPI person-to-merchant (P2M) transactions above ₹2,000. ALSO READ: Gauhati University GS Post Election Put On Hold, No Candidate Declared Winner A three-judge Bench headed by Chief Justice of India Surya…
GUWAHATI: The Merchant Discount Rate (MDR) on select UPI payments above ₹2,000 will not be passed on to consumers, Union Finance Minister Nirmala Sitharaman said on Friday, September 25, amid concerns over the impact of the revised charges. ALSO READ: Gaurav Gogoi, Congress Leaders Detained During Protest Seeking Gyanesh Kumar’s Resignation in Guwahati Sitharaman said…
GUWAHATI: Two separate developments involving fuel prices and UPI charges have drawn attention to how government statements can change as policy positions evolve. ALSO READ: Raijor Dal Stays Out of Nagaon Bypoll, Akhil Gogoi Says Party Will Remain Neutral On April 23, the Ministry of Petroleum and Natural Gas rejected reports that petrol and diesel…
GUWAHATI: The new UPI framework will not affect person-to-person (P2P) transactions, with all such payments continuing to remain completely free irrespective of the amount transferred, according to a press release by the Ministry of Finance. ALSO READ: Assam Government Plans Rehab Centre in Every District, Says CM Sarma Under the framework, person-to-merchant (P2M) UPI payments…
GUWAHATI: The Ministry of Finance on Monday, September 14, notified that banks and system providers cannot impose, directly or indirectly, any charges on persons making or receiving payments through RuPay-powered debit cards and UPI transactions up to ₹2,000. ALSO READ: Assam Achieves 100% Electrification of Railway Network “This is as per Section 10A of the…
GUWAHATI: The government on Saturday clarified that Unified Payments Interface (UPI) users will not have to pay any transaction charges for making digital payments, amid concerns over a proposed amendment to the Payment and Settlement Systems Act, 2007. ALSO READ: Assam’s Ashmita Chaliha Becomes First Indian to Win Korea Masters 2026 Badminton Title The Finance…
GUWAHATI: The Lok Sabha on Thursday, August 6, passed the Taxation and Other Laws (Amendment) Bill, 2026, which amends the Payment and Settlement Systems Act, 2007 to authorise the Central government to permit banks and other payment service providers to levy charges on transactions made through the Unified Payments Interface (UPI) and other notified electronic…
GUWAHATI: The Indian government is considering allowing banks and payment service providers to charge a Merchant Discount Rate (MDR) ranging between 0.25% and 0.4% on Unified Payments Interface (UPI) merchant transactions above ₹2,000. In contrast, person-to-person (P2P) transfers will remain entirely free. ALSO READ: One Killed, Another Injured After SUV Crashes into Parked Trailer on…
GUWAHATI: The Northeast region has surged ahead of the national average in digital payments through UPI, according to data presented by the State Bank of India at a regional media conference in Guwahati on Tuesday, June 23. ALSO READ: Two Women from Assam Die in Tamil Nadu Factory Ammonia Gas Leak, Toll Rises to Nine…
UPI ব্যৱহাৰ কাৰীৰ বাবে আহিছে নতুন জাননী । ১ আগষ্টৰ পৰা সলনি হব UPI ৰ নিয়ম । Phone Pe , Google Pe , Paytm ব্যৱহাৰ কৰা সকলৰ বাবে নতুন জাননী । NPCI অৰ্থাৎ National Payment Corporation of India ই জাৰি কৰা জাননী মতে নতুন এপ্লিকেচন প্ৰগ্ৰেমিং ইন্টাৰফেচ ব্যৱহাৰৰ নিয়মবোৰ সকলো ৰাজহুৱা আৰু ব্যক্তিগত বেংকৰ এপ…
