Launched in 2012, RuPay is India's homegrown payment network for financial services. The payment system was launched by the Reserve Bank of India (RBI) to ensure that every Indian bank and financial ...

The digital payments industry faces a Rs 500-600 crore loss as the government withdraws RuPay debit card subsidies. Fintech firms seek MDR reinstatement or higher subsidies, fearing unsustainable ...

Today, Governor Michelle Lujan Grisham signed SB163, which allows students to freely express their cultural heritage at school ceremonies. The legislation received unanimous support in both ...

Native American students’ right to wear tribal regalia at school ceremonies could soon be enshrined in state law. The House unanimously passed Senate Bill 163 on Wednesday, sending it to Gov. Michelle ...

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The Indian government is reconsidering its exemption of UPI and RuPay card payments from the Merchant Discount Rate (MDR), a key revenue source for online payments. Merchant Discount Rate (MDR) refers ...

The government may be considering bringing back merchant charges on transactions made using Unified Payments Interface (UPI) and RuPay-powered debit cards. UPI is an instant payment system ...

The government may reintroduce merchant discount rate charges on UPI and RuPay transactions for large merchants, impacting the digital payments landscape. The Central government is contemplating ...

The government is considering reinstating merchant charges on UPI and RuPay debit card payments for large merchants, which were waived in 2022. Fintech companies argue that these businesses can ...

Bankers have proposed that the Centre bring back merchant discount rate (MDR) on UPI and RuPay-based transactions for large merchants Merchants whose annual turnover is below INR 40 Lakh will ...

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your ...