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New UPI rules claiming charges for payments above Rs 2000 trigger meme fest

NPCI has clarified that bank account-to-account transactions will remain free for customers and merchants. ....

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Big change in UPI payment charges from April 1| Know THIS before making digital payments via Google Pay, PayTM and other apps

The National Payments Corporation of India (NPCI) has announced a major decision that could affect consumers making payments via prepaid payment instrument (PPI) such as as mobile wallets - Google Pay, PayTM and other such apps. The NPCI has set an interchange fee at 1.1% for merchant transactions from April 1. The announcement was made via an NPCI circular dated March 24. ....

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NPCI suggests 1.1 percent interchange fee on PPI-based UPI transactions, full details

NPCI to introduce new interchange fee for merchant UPI transactions

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UPI Is Free And Secure; No Charge To Customers, Says NPCI

NPCI said the interchange charges introduced are only applicable for the PPI merchant transactions and there is no charge to customers, ....

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UPI payments: Some digital payments to be charged at 1.1%, Know new transactions rules via PayTM, PAYU and other wallets

UPI digital payments to become costlier? Starting April 1, UPI app users will have to pay a transaction fee of 1.1% for digital payments above Rs 2,000. Though, it won’t apply to app-to-app non-merchant transactions. Know about the new UPI payment surcharge applicable on the merchant transactions done via Google Pay, PayTM and other UPI apps. Watch Business Today Visual Story. ....

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