UPI Update: 5-Minute Guide to the Good News and Possible Concerns

upi

Possible UPI Fees May Come in Future, But Payments Remain Free for Now UPI has transformed the way millions of people across India make payments, transfer money and manage everyday financial transactions. From splitting restaurant bills and sending money to family members to paying local retailers and purchasing products online, UPI has emerged as one … Read more

Nirmala Sitharaman Quashes UPI Charge Claims, Calls Ramesh’s Allegation a ‘Canard’

Nirmala Sitharaman

Finance Minister Clarifies UPI Charges Amid Political Dispute Union Finance Minister Nirmala Sitharaman has rejected claims that ordinary users could soon be charged for making payments through the Unified Payments Interface (UPI), pushing back against Congress leader Jairam Ramesh over the issue. Nirmala Sitharaman clarified that if a Merchant Discount Rate (MDR) is introduced on … Read more