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UPI transactions may-attract charges: UPI transactions may attract MDR charge

UPI transactions may-attract charges

UPI transactions may-attract charges: UPI transactions may attract MDR charge UPI has made the biggest contribution in promoting digital payments in India. Not only does payment get done with this in a pinch, but till now there is no charge for paying through UPI. However, now the Reserve Bank is exploring options to collect charges … Read more

What is NPCI?

NPCI partners with JBIMS, What is NPCI?, RuPay, IMPS, NACH, ABPS, AePS, NFS, UPI, Bharat Bill Payment System BBPS, NETC National Electronic Toll Collection (NETC),

What is NPCI? National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in … Read more