2025-06-17Niranjan Ghatule
The National Payments Corporation of India (NPCI) has implemented new UPI rule changes from June 16, reducing transaction time by 50 percent. Payments will now complete within 15 seconds, with faster reversals and status checks. Upcoming changes in 2025 will introduce beneficiary bank name display, balance check limits, and restricted auto-pay timings, aiming to improve user experience and reduce
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2025-06-12Ravi Mehta
A political controversy erupted after the Congress party accused the Modi government of planning to impose MDR (Merchant Discount Rate) on UPI transactions above ₹3,000. The Finance Ministry and BJP swiftly responded, calling the claims false, baseless, and misleading. This blog unpacks the full story, the fact-check, and the political reactions.
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2025-03-19Niranjan Ghatule
The Indian Cabinet has approved a ₹1,500 crore incentive scheme to promote BHIM-UPI transactions up to ₹2,000 in FY25. This initiative aims to boost digital payments, particularly small-value transactions, making them more accessible and cost-effective for users and merchants. The scheme is part of the government's broader push toward a cashless economy and financial inclusion.
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