Paytm has issued a clarification regarding UPI-related fees after the National Payments Corporation of India (NPCI) notified that merchant transactions of over Rs 2,000 done through the Unified Payments Interface will attract up to a 1.1% interchange fee.
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The High Court has delivered its judgment in Commissioner of Domestic Taxes v. Bank of Africa Limited (Civil Appeal E127 of 2020), determining that interchange fees earned by Bank of.