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Business

UPI MDR Charges Will Not Be Passed on to Consumers: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says Merchant Discount Rate is an ecosystem charge, not a tax or fee to be paid by UPI users. New Delhi,...
Business

UPI MDR Move Important for Long-Term Growth and Sustainability, Says PhonePe CEO Sameer Nigam

UPI MDR Move Important for Long-Term Growth and Sustainability, Says PhonePe CEO Sameer Nigam Bengaluru, September 16, 2026: PhonePe founder and CEO Sameer Nigam has...
Banking

UPI Payments Up to Rs 2,000 to Remain Charge-Free as Government Issues Notification

Finance Ministry notification protects small-value UPI transactions from direct and indirect charges; around 96% of UPI transactions by volume fall within the threshold New Delhi,...

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