The Ministry of Finance on Saturday clarified that consumers will not face transaction charges for using the Unified Payments Interface (UPI), amid discussions over the possible introduction of a merchant discount rate (MDR). The government said all person-to-person (P2P) UPI transactions will Continue Reading
The Reserve Bank of India (RBI) has decided to broaden payment choices for Indian travelers abroad by permitting Indian banks to issue RuPay Prepaid Forex cards. These cards can be used at overseas ATMs, point of sale (PoS) machines, and online merchants. Additionally, the RBI will enable the issuance of RuPay Debit, Credit, and Prepaid […]Continue Reading











