A ministry release said that since currently no MDR is charged on UPI transactions, there is consequently no GST applicable ...

The government also reaffirmed its commitment to boosting digital payments, referencing a recently approved Rs1,500-crore incentive scheme for low-value P2M UPI transactions.

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The finance ministry has rejected the rumours of levy of goods and services tax (GST) on UPI transactions above ...

Razorpay, in collaboration with NPCI BHIM Services Ltd and Axis Bank, has introduced the Razorpay Turbo UPI plugin on the ...

The chorus in India's fintech industry has been growing louder with the payment gateways, banks demanding abolishment of MDR ...

India’s popular digital payment system, the Unified Payments Interface (UPI), has been experiencing frequent technical ...

Fintech firm Razorpay has partnered with NPCI BHIM Services Ltd (NBSL) and Axis Bank to launch the Razorpay Turbo UPI plugin ...

Digital transactions were impacted due to a widespread UPI outage with several users reporting problems in the instant payment interface ...

NPCI reports UPI servers down, causing transaction failures; working to resolve issue, impacting over 2,000 users.

Razorpay partners with NPCI and Axis Bank to launch Turbo UPI plugin on BHIM Vega, offering seamless in-app payments for ...