UPI payments to now cost more, who will pay and what are the charges - explained

At present, there are no charges levied on transactions done via UPI.

At present, there are no charges levied on transactions done via UPI.

4 min read . 05:52 PM ISTLivemint

As per Global Data, a leading data and analytics company, First Republic experienced a staggering loss of $20.1 billion in a span of just 24 days, from 1 March to 24 March 2023. (REUTERS)

First Republic sees highest drop in market value in Mar, Credit Suisse dips 72%

3 min read . 07:34 PM IST

Aether Industries has inked a letter of intent (LoI) with Saudi Aramco Technologies to this effect.

This chemical stock can surge up to 24%. Should you buy?

1 min read . 04:27 PM IST

Mint Premium

The impact of synchronised policy tightening by advanced economy central banks over the past year may now begin to show (Photo: Reuters)

Premium

How will the global banking crisis affect India’s economy?

4 min read .02:13 PM IST

All but the biggest American banks are suffering from the consequences of higher interest rates, but cutting rates now would further stimulate the economy and make inflation worse (Photo: AP)

Premium

Central banks face an excruciating trade-off

5 min read .04:58 PM IST

A State Bank of India (SBI) report in November 2022 flagged the issue of inadequate pricing risks on both assets and liabilities – loans and deposits (Photo: Aniruddha Chowhdury/Mint)

Premium

Why the government’s review of state-owned banks makes sense

4 min read .01:14 PM IST

The NPCI has clarified that there will be no charge on UPI payments made directly from one bank account to another, including business accounts

Premium

New fee on some UPI payments doesn’t address industry’s ....

3 min read .11:19 AM IST

Premium

Ruling on fraud accounts opens Pandora’s box

3 min read .01:01 AM IST

Premium

Does corruption matter when India votes, an analysis in 5 charts

4 min read .01:02 AM IST

Experts say viewers are increasingly seeking an emotional connect with personal events instead of fictional programming.

Premium

Celebrity weddings the new big draw on streaming platforms

4 min read .01:03 AM IST

06 September 2016, Mumbai : Customers buying Reliance Jio sims at a Reliance Digital centre in Mumbai . Photo By Aniruddha Chowdhury/Mint

Premium

Jio eyes new horizons with cheap fiber plan

3 min read .01:04 AM IST

The largest IPO in 2022-23, which was also the largest Indian IPO ever, was from LIC. (iStock)

IPO fundraising halves to ₹52,116 crore in FY23, 37 firms go public

1 min read . 02:55 PM IST

The government of Delhi is closely monitoring the situation regarding the COVID-19 pandemic.

Delhi issues advisory for people with Covid-like symptoms as cases go up

1 min read . 03:08 PM IST

Rescue teams are working on the spot

13 dead after stepwell collapses at Indore temple, CM announces relief

1 min read . 05:13 PM IST

Is ChatGPT causing layoffs? Which jobs are in danger due to ChatGPT? All FAQs

2 min read . 07:14 PM IST

A PhonePe employee displays the company's digital payment system arranged a grocery store in Bengaluru. (Bloomberg)

PhonePe-ZestMoney deal called off due to diligence concerns

1 min read . 01:06 PM IST

Of the total equity mobilization of ₹76,072 crore, the fresh capital amount was ₹22,985 crore (30%). The rest of ₹53,087 crore were offer for sale.

Indian Inc logs 10% drop in fundraise to ₹11.73 lakh cr in FY23 from market

3 min read . 06:32 PM IST

People going through layoffs are in wide-ranging positions, most of which are uncomfortable in one way or another (Photo: iStock)

Unacademy to cut 12% jobs in fresh round of layoffs: Report

1 min read . 10:43 AM IST

PNB Housing Finance rights issue price has been fixed at ₹275 per share.

PNB Housing Finance rights issue opens next month. Date, price, other details

2 min read . 02:27 PM IST

FROM

All but the biggest American banks are suffering from the consequences of higher interest rates, but cutting rates now would further stimulate the economy and make inflation worse (Photo: AP)

Premium

Central banks face an excruciating trade-off

5 min read .04:58 PM IST

America is leaning on its Asian friends, including Japan, Singapore, South Korea and Taiwan, to join the tech fight against China (Illustration: Reuters)

Premium

America’s Asian allies dislike its tech war on China

5 min read .03:42 PM IST

A file photo dated 19 October, 1987 shows a trader on the New York Stock Exchange shouting orders during one of the most frantic days in the exchange's history, when the Dow Jones index plummeted 22.68% (Photo: AFP)

Premium

Why markets can never be made truly safe

4 min read .29 Mar 2023

Despite evidence of dubious conduct, business has never been better for large consulting firms (Photo: Reuters)

Premium

Do McKinsey and other consultants do anything useful?

3 min read .29 Mar 2023

Federal Reserve Board Chair Jerome Powell at a news conference after the Fed raised interest rates by a quarter of a percentage point on March 22 (Photo: Reuters)

Premium

Emerging markets have coped with the rate shock surpris ....

4 min read .29 Mar 2023

From The Wall Street Journal

Adani Group founder Gautam Adani. Adani’s sibling, Vinod Adani, played a key role in activities questioned by Hindenburg Research.

Premium

Behind Adani deals, an ‘elusive’ elder brother

7 min read .27 Mar 2023

Conditions in debt markets were already growing worse for startups before SVB’s collapse, with rising interest rates and increasing risks in the tech market. (Photo: AFP)

Premium

Debt Grows More Expensive, Harder to Get for Startups A ....

3 min read .25 Mar 2023

Global ocean shipping companies are facing declines as exports slow and freight rates drop. (Getty Images via AFP)

Premium

Retailers Reaping Big Savings on Ocean Transport Costs

2 min read .25 Mar 2023

Vehicles with combustion engines can be newly registered after 2035 if they only use such CO2-neutral fuels, German Transport Minister Volker Wissing said on Saturday. (File Photo: AP)

Premium

Germany, EU Reach Deal on Combustion-Engine Plan

2 min read .25 Mar 2023

Some 13% of current job postings are for remote positions according to staffing firm ManpowerGroup. That is down from 17% in March 2022, but well above the pre-pandemic level of 4%. (Photo: Bloomberg)

Premium

Work-From-Home Era Ends for Millions of Americans

4 min read .25 Mar 2023

Despite recent strains in the banking sector, a bank account remains the simplest place to store cash. (Photo: Reuters)

Premium

Where to Put Your Money During a Banking Crisis

3 min read .25 Mar 2023

In a sector where a nervous market can turn a low valuation into a self-fulfilling prophecy, Deutsche Bank’s old problems are coming back to haunt it. (File Photo: Reuters)

Premium

Deutsche Bank and the Ghost of Crisis Past

2 min read .25 Mar 2023

Even office workers who aren’t techies need a lot of tech arrows in their quiver these days (WSJ)

Premium

The technology skills every employee should have today

8 min read .18 Mar 2023

The Nissan X-Trail is set to launch in India in mid-2023 and will compete with the Toyota Fortuner. (Nissan)

3 Upcoming Nissan cars to launch. Here’s to what to expect

2 min read . 01:28 PM IST

Bard was released for users in US and UK on March 22 (AP)

Is Bard chatbot trained on ChatGPT data? Google replies

1 min read . 12:47 PM IST

The government has been pushing for generic drugs for a while. Photo: Pradeep Gaur/Mint

Centre exempts basic customs duty on imported drugs for all rare diseases

1 min read . 11:47 AM IST

×

Get alerts on WhatsApp

Set Preferences My Reads Watchlist Feedback Redeem a Gift Card Logout