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No PUC, No Fuel, UPI Merchant Charges: What Changes In October
October brings stricter pollution checks at Delhi petrol pumps, a new merchant fee on larger UPI payments from October 15, and changes to SBI ATM limits, LPG subsidy checks and NPS charges. Ordinary UPI users will not be charged.
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Supreme Court Refuses To Stay Charges For UPI Transactions Above 2,000
The top court has sought an affidavit from the Centre, explaining the basis for the decision.
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Supreme Court Refuses Stay On UPI Charges Above Rs 2,000. What It Means For You
The top court has sought responses from the Centre, the RBI and the NPCI on a plea challenging the new MDR framework for specified UPI transactions.
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Indian Tries To Pay Via UPI At Changi Airport, Reveals A Reality Of Paying Abroad
A user tried paying with UPI at Singapore's Changi Airport but faced a conversion rate error, highlighting that UPI may not work seamlessly overseas.
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UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources
The government and the National Payments Corporation of India (NPCI), which operates UPI, have said that MDR is a merchant-side payment-processing charge, not a tax, cess or surcharge.
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Samsung Wallet Adds Fingerprint Authentication for UPI Payments Up to Rs 10,000 in India
Samsung has introduced fingerprint-based authentication for UPI payments through Samsung Wallet in India. Galaxy users can authorise eligible transactions worth up to Rs. 10,000 without entering their UPI PIN. The company says the on-device authentication can help users avoid exposing their PIN while making payments in public and may reduce failure...
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'6 Crore Traders Disappointed': Trade Body Urges Nirmala Sitharaman To Roll Back UPI Charges
CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive.
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Fuel Pumps Warn They Won't Accept UPI Payments Above Rs 2,000 Over New Fee
Petrol pump dealers are seeking a complete exemption from the proposed 0.4% MDR on UPI fuel payments and may stop accepting UPI transactions above Rs 2,000 from October 15.
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"UPI Payment Will Not Be Accepted": Ghaziabad Traders Put Up Notices Over MDR
"UPI Payment Will Not Be Accepted" notices have appeared outside shops in Ghaziabad as traders protest the proposed MDR on selected UPI transactions above Rs 2,000 from October 15.
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UPI Fees Won't Pass To Customers, No Extra GST Burden For Merchants: Sources
The charge will be paid by the merchant, not the customer. It will be capped at Rs 300 for transactions of Rs 75,000 and above.
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"Fallacious": Congress MP On Claim That Party MPs Did Not Dissent On UPI Tax
Five Congress MPs - Gaurav Gogoi, P Chidambaram, Manish Tewari Kishori Lal and K Gopinath - attended the Parliamentary Standing Committee on Finance in August.
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5 Congress MPs On Parliament Panel That Sought Charge On UPI Payments, Did Not Dissent: Sources
The parliamentary panel chaired by Bhartruhari Mahtab of the BJP said tiered MDR be notified without delay, in observations in its 44th report in August.
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4% Merchant UPI Payments Are Over Rs 2,000 But Drive 66% Of Total Value
In FY26, UPI recorded 24,162 crore transactions, and about 63 per cent were Person-to-Merchant (P2M) payments.
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Risk Of India Returning To Cash Economy: Retailers' Body On UPI Fee
"Small merchants will now think twice about whether to accept cash or UPI," Kumar Rajagopalan, CEO of the Retailers Association of India, said.
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"No Foreign Influence": On UPI Charges, Centre Trashes Opposition's Claim
Since its launch in 2016, UPI has grown into the world's largest real-time interoperable payment system, entirely on India's own terms, the ministry said. Government sources also said there was no rethink.
-
No PUC, No Fuel, UPI Merchant Charges: What Changes In October
October brings stricter pollution checks at Delhi petrol pumps, a new merchant fee on larger UPI payments from October 15, and changes to SBI ATM limits, LPG subsidy checks and NPS charges. Ordinary UPI users will not be charged.
-
Supreme Court Refuses To Stay Charges For UPI Transactions Above 2,000
The top court has sought an affidavit from the Centre, explaining the basis for the decision.
-
Supreme Court Refuses Stay On UPI Charges Above Rs 2,000. What It Means For You
The top court has sought responses from the Centre, the RBI and the NPCI on a plea challenging the new MDR framework for specified UPI transactions.
-
Indian Tries To Pay Via UPI At Changi Airport, Reveals A Reality Of Paying Abroad
A user tried paying with UPI at Singapore's Changi Airport but faced a conversion rate error, highlighting that UPI may not work seamlessly overseas.
-
UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources
The government and the National Payments Corporation of India (NPCI), which operates UPI, have said that MDR is a merchant-side payment-processing charge, not a tax, cess or surcharge.
-
Samsung Wallet Adds Fingerprint Authentication for UPI Payments Up to Rs 10,000 in India
Samsung has introduced fingerprint-based authentication for UPI payments through Samsung Wallet in India. Galaxy users can authorise eligible transactions worth up to Rs. 10,000 without entering their UPI PIN. The company says the on-device authentication can help users avoid exposing their PIN while making payments in public and may reduce failure...
-
'6 Crore Traders Disappointed': Trade Body Urges Nirmala Sitharaman To Roll Back UPI Charges
CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive.
-
Fuel Pumps Warn They Won't Accept UPI Payments Above Rs 2,000 Over New Fee
Petrol pump dealers are seeking a complete exemption from the proposed 0.4% MDR on UPI fuel payments and may stop accepting UPI transactions above Rs 2,000 from October 15.
-
"UPI Payment Will Not Be Accepted": Ghaziabad Traders Put Up Notices Over MDR
"UPI Payment Will Not Be Accepted" notices have appeared outside shops in Ghaziabad as traders protest the proposed MDR on selected UPI transactions above Rs 2,000 from October 15.
-
UPI Fees Won't Pass To Customers, No Extra GST Burden For Merchants: Sources
The charge will be paid by the merchant, not the customer. It will be capped at Rs 300 for transactions of Rs 75,000 and above.
-
"Fallacious": Congress MP On Claim That Party MPs Did Not Dissent On UPI Tax
Five Congress MPs - Gaurav Gogoi, P Chidambaram, Manish Tewari Kishori Lal and K Gopinath - attended the Parliamentary Standing Committee on Finance in August.
-
5 Congress MPs On Parliament Panel That Sought Charge On UPI Payments, Did Not Dissent: Sources
The parliamentary panel chaired by Bhartruhari Mahtab of the BJP said tiered MDR be notified without delay, in observations in its 44th report in August.
-
4% Merchant UPI Payments Are Over Rs 2,000 But Drive 66% Of Total Value
In FY26, UPI recorded 24,162 crore transactions, and about 63 per cent were Person-to-Merchant (P2M) payments.
-
Risk Of India Returning To Cash Economy: Retailers' Body On UPI Fee
"Small merchants will now think twice about whether to accept cash or UPI," Kumar Rajagopalan, CEO of the Retailers Association of India, said.
-
"No Foreign Influence": On UPI Charges, Centre Trashes Opposition's Claim
Since its launch in 2016, UPI has grown into the world's largest real-time interoperable payment system, entirely on India's own terms, the ministry said. Government sources also said there was no rethink.
