The National Payments Corporation of India (NPCI) has issued a circular in which it suggested "Prepaid Payment Instruments (PPI)" fees on merchant transactions on Unified Payments Interface (UPI). The governing body of the UPI payment system added that the PPI fees would be levied on transactions above ₹2,000 on #UPI. It will result in an interchange at 1.1% of the transaction value. The interchange fee is levied to cover the costs of accepting, processing, and authorising transactions. The new rule will be implemented from 1 April. NPCI will review the stated pricing on or before 30 September Source - MINT
17 Apr 12:27 PM
Diesel Price had declined across the country after over a month on Wednesday. However, the petrol prices have remained unchanged for Read more
17 Apr 12:27 PM
Diesel Price had declined across the country after over a month on Wednesday. However, the petrol prices have remained unchanged for Read more
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