The Unified Payments Interface (UPI) transactions increased by 3.6% month-on-month, rising to 14.96 billion in August from 14.44 billion in July.
The number of transactions rose by 41% year-over-year.
According to data from the National Payments Corporation of...
The National Payments Corporation of India (NPCI) has announced that it will be implementing an interchange fee of up to 1.1% on merchant transactions made through the Unified Payments Interface (UPI) from April 1, 2023.
The NPCI...
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