Friday, March 26, 2021

NPCI enforces new market share rules on UPI for Google Pay, PhonePe, Paytm, others

Starting January of 2021 on a three-month rolling basis, all payment apps on the Unified Payments Interface (UPI) will be subject to a three-level threshold monitoring by NPCI albeit certain exemptions.

from Tech-Economic Times https://ift.tt/3w3h38L
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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...