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October 13, 2026, 01:49 PM - 2 min read
NPCI has deferred the UPI MDR rollout until after Diwali. Check the latest update on UPI charges, merchant fees and the revised implementation date.
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August 8, 2026, 09:06 PM - 3 min read
The government clarified that UPI payments will remain free for consumers and all person-to-person transactions, while nominal merchant charges may apply only to a limited set of high-value transactions.
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March 14, 2024, 08:40 PM - 2 min read
The RBI has instructed PPBL to halt all deposits, credit transactions, and top-ups in customer accounts by March 15, impacting 30 crore wallets and 3 crore bank customers. Additionally, NPCI has sanctioned One97 Communications Limited (OCL) to operate as a Third-Party Application Provider (TPAP) within a multi-bank framework.
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January 17, 2024, 03:20 PM - 2 min read
The deal focuses on easing the process of remittances between countries by utilising the UPI infrastructure, thereby simplifying cross-border financial exchanges.
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