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Unified Payments Interface, UPI charges, UPI payments, NPCI: Paytm, PhonePe Clarify UPI Transactions Still Free For All Customers

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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SBP move leaves fintechs baffled - BR Research - Business Recorder

SBP has recently made some changes in the fee and cost structure of payments associated with cards (debit and . ....

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SBP Scraps 1.5% Fee on Debit and Credit Card Transactions

SBP Scraps 1.5% Fee on Debit and Credit Card Transactions
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High Court determines that interchange fees are exempt from Value Added Tax | Dentons

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. ....

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