Upi
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Will UPI no longer be free? Proposed MDR on payments above Rs 2000 explained in 5 points
Technology | Aug 10, 2026, 01:47 PM ISTUPI payments could see a major change if the government's proposed amendments pave the way for merchant charges on high-value transactions. A Merchant Discount Rate (MDR) of 0.3 to 0.5 per cent is reportedly being considered for payments above Rs 2,000 made to larger merchants.
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No charges on UPI for users, major transactions to remain free for merchants | All you need to know
India | Aug 08, 2026, 11:58 PM ISTAmidst the growing speculation of a charge on UPI users for payments of more than Rs 2000, the finance ministry cleared the air and stated that no such charges will be put in place for the users and small merchants.
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Will You Have to Pay for UPI? Here's What the New Law Actually Changes
Originals | Aug 08, 2026, 11:07 AM ISTWill you have to pay for UPI? A new legal change has raised questions about future charges. While UPI payments remain free for now, the government could introduce fees later. Banks and payment firms cite rising technology, cybersecurity and fraud-prevention costs. Watch to know more.
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Will the bill to allow charges on UPI impact merchants or consumers? Here's what FM Sitharaman said
Personal Finance | Aug 07, 2026, 09:17 AM ISTFinance Minister Nirmala Sitharaman has stated that the Merchant Discount Rate on digital transactions applies to merchants, not customers.
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UPI transactions above Rs 2,000 may be subject to fees, here's who will be impacted
Business | Aug 05, 2026, 04:17 PM ISTMerchant Discount Rate (MDR) is for merchants. That is, after the rule is implemented, if a fee is levied on transactions exceeding Rs 2,000, merchants will have to pay it.
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Delhi woman quits using UPI for over two months, here's what happened next
offbeat | Jul 31, 2026, 08:10 PM ISTA Delhi woman swapped UPI for cash for over two months and says the experiment completely changed her spending habits. Here's why she believes paying with cash made budgeting easier and reduced impulse purchases.
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Offline UPI payments with NFC support could soon arrive in India: No internet needed for transaction
Technology | Jul 25, 2026, 07:15 AM ISTIndia could soon introduce offline UPI payments powered by NFC technology, allowing users to make digital transactions without an internet connection. The feature is expected to work through a UPI Lite wallet, enabling tap-to-pay transactions of up to Rs. 2,000 at certified merchant PoS terminals.
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The 50-30-20 Budgeting Rule: Does it still work for Indians? Here's what expert says
Personal Finance | Jul 23, 2026, 03:52 PM ISTThe 50-30-20 rule is a good principle to follow for attaining financial discipline, but it cannot help one understand the actual problems of households in India, as there is inflation, rising EMI costs, and the facility to spend via digital modes.
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UPI payments above Rs 2000 may soon attract charges: Government mulls return of MDR
Technology | Jul 18, 2026, 09:45 AM ISTThe government is reportedly considering bringing back the Merchant Discount Rate (MDR) on UPI transactions above Rs 2000. If approved, merchants may have to pay a charge of up to 0.5 per cent on eligible transactions, while small businesses with an turnover of to Rs 1.5 crore could remain exempted.
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PhonePe to charge Rs 100 fee on inactive wallets: Here's how to avoid it
Technology | Jun 18, 2026, 07:17 PM ISTPhonePe has updated its wallet policy and will soon charge a Rs 100 inactivity maintenance fee from users who do not use their PhonePe Wallet for 365 days. The company says wallet users will receive a 15-day notice before the fee is deducted.
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'I barely needed cash': Foreigner says India's payment system is years ahead of most countries
Trending | Jun 17, 2026, 04:49 PM ISTA foreign traveller has gone viral after praising India's UPI-based payment system and calling it "years ahead of most countries". She revealed that she barely needed cash during her trip, as QR code payments were accepted almost everywhere, from chai stalls to restaurants.
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India, Nepal launch UPI-based money transfer system: How can users send funds instantly?
Business | Jun 11, 2026, 08:31 PM ISTIndia and Nepal have launched a UPI-based cross-border money transfer system, enabling instant remittances through mobile apps and digital wallets. The initiative aims to boost financial inclusion, trade and digital connectivity between the two countries.
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UPI payment failed but money deducted? Here's how to get a refund on Paytm, PhonePe, GPay and BHIM
Technology | Jun 02, 2026, 02:55 PM ISTUPI payments through apps like Paytm, PhonePe, Google Pay and BHIM have made digital transactions easier than ever. However, users sometimes face failed transactions where money gets deducted from their bank account despite the payment not being completed.
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Rules changing from June 1: From income tax to car prices, these major changes to impact your pocket
Personal Finance | Jun 01, 2026, 11:27 AM ISTTo make digital payments more secure, the official name of the person or merchant registered with the bank will now be visible before sending money via UPI.
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Paytm introduces Biometric UPI Payments, enables Cardless ATM withdrawals in India
Technology | Apr 07, 2026, 03:03 PM ISTPaytm has introduced biometric authentication for UPI payments and cardless ATM withdrawals in India. The new features aim to enhance convenience and security, aligning with updated RBI guidelines for digital transactions.
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CRED introduces Biometric UPI payments: Now pay using face or fingerprint
Technology | Mar 27, 2026, 05:27 PM ISTCRED has introduced biometric authentication for UPI payments, allowing users to pay using face or fingerprint. The feature, developed with National Payments Corporation of India, aims to make transactions faster, safer, and more reliable.
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Shashi Tharoor hails UPI's global adoption, says 'India now a techno-diplomatic leader'
India | Mar 18, 2026, 07:40 AM ISTIndia's UPI has emerged as the world's most-used real-time digital payment system, powering over 50% of global instant transactions, according to the International Monetary Fund (IMF).
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HDFC Bank customers alert: UPI-based ATM withdrawal rules set to be changed from April 2026
Personal Finance | Mar 04, 2026, 03:33 PM ISTHDFC Bank customers alert: After the free transaction limit is reached, customers will be charged Rs 23 per transaction plus applicable taxes.
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EPFO update: New app to allow withdrawal through UPI - All you need to know
Personal Finance | Feb 10, 2026, 04:37 PM ISTThe Employees' Provident Fund Organisation (EPFO) is reportedly launching a dedicated mobile app in April 2026 to enable direct EPF withdrawals via UPI.
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Small Security Mistakes That Can Lead to Payment Fraud
Brand Content | Jan 29, 2026, 01:40 PM ISTOne of the most common mistakes people make is using the same password or PIN across multiple platforms. It is tempting to use a familiar string of numbers for your phone lock, your email, and your UPI app.