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From October 15, a 0.4% merchant discount rate applies to UPI person-to-merchant payments over ₹2,000, with consumers unaffected; person-to-person transfers remain free.
A Muvattupuzha jewellery store lost ₹16,000 in silver ornaments to a fraudster using a fake Google Pay screenshot, prompting warnings for merchants to always verify digital payments directly.
A proposed amendment to UPI transaction charges sparked debate, though the Finance Minister clarified levies would only apply to large-value transactions. UPI, a globally recognised Indian payment system, remains free, fostering innovation and competition.
All applicants must appear for an OMR-based test.
The deceased, Kuriyappuram Arathy (31), was a native of Aruvappara at Kanichattupara, Perumbavoor in Ernakulam.
From sofas to beds and dining tables, you get a wide variety of furniture that you can explore at Bajaj Mall.
Once the service is activated, passengers will be able to pay the travel fare using debit or credit cards.
According to his kin, Ajayaraj was under tremendous pressure and had been receiving threats from a 'cyber loan agent'. His relatives too received threats and morphed naked pictures of family members.
All UPI transactions made via prepaid instruments will attract an interchange fee of 1.1% for merchant payments above Rs 2,000 from April 1.
Arvind Gupta, the Head and Co-Founder of Digital India Foundation, is an expert in a wide range of areas like Consumer Internet, Digital Media, Payment Systems, and Analytical Data Economy.
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