UPI transactions costing banks about 21k cr annually, says NPCI CEO Asbe
MUMBAI: UPI's new merchant fee is intended to recover some of the cost that the payments system has so far absorbed.
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4 results for"UPI payment system"
Govt rules out MDR burden on UPI users; GST Council may review 18% tax next month
NEW DELHI: Govt on Thursday said the merchant discount rate (MDR) on UPI payments should be treated the same way as plastic payments, which are not passed
Error causes backlog of thousands of Texas voter registration applications
A Texas system error left tens of thousands of voter registration applications unprocessed for months, forcing county election officials to race to process the large backlogs weeks out from the midterm elections. The Texas secretary of state’s office alerted election officials to the issue last week involving a problem with the Department of Public Safety’s…
Uefa fears impact of Premier League spending in transfer market
Uefa believes "a clear two-speed system" is emerging in the transfer market due to huge spending by Premier League clubs this summer.