Page 2 - Payment Interface News Today

Taking a cue from Chennai Metro Rail Limited, the Metropolitan Transport Corporation (MTC) has decided to install Passenger Information Systems (PIS) at bus terminuses.

As countries across the globe adopted real-time payments at breakneck speed over the past year, experts said authorized push payments fraud sharply increased. APP

As countries across the globe adopted real-time payments at breakneck speed over the past year, experts said authorized push payments fraud sharply increased. APP

Aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

Get latest articles and stories on Business at LatestLY. As India is rapidly adopting UPI-based payments, Paytm Payments Bank, an Indian homegrown company, has been at the forefront of leading this revolution in the banking space. Business News | Paytm Payments Bank on Top Among Merchant Acquiring Banks with Almost 40 Pc Market Share.

PIB has tweeted, “there is no charge on normal UPI transactions”. It further clarified that circular is about transactions using Prepaid Payment Instruments (PPI) like digital wallets. 99.9% transactions are not PPI.

Online wallets, smart vouchers, smart cards, and many more are prepaid payment instruments (PPIs) that users can use to do shopping, mobile recharge, etc. The customer can send money from these wallets to the merchants bank account directly via UPI QR code. 

No charges on normal UPI paymentApplicable interchange fee for PPI merchant transactions Description of National Payments Corporation of India New Delhi : 29. March(sahrnews.com/agencies) National Payments Corporation of India (NPCI#) clarified in its statement issued today that bank account to bank account basis UPI# Payments or General UPI There will be no charge for payments,…

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