Upi

The Centre is considering reintroducing a merchant discount rate (MDR) on select UPI transactions. If approved, the levy is expected to apply only to large merchants and higher-value payments, while small businesses and consumers are likely to remain unaffected.

UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.

EPFO subscribers can soon withdraw provident fund savings via UPI apps and EPF-linked ATMs under the new EPFO 3.0 digital platform.

Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

EPFO 3.0 will enable UPI and ATM-based PF withdrawals, increase limits, speed up claims processing and simplify access to provident fund savings. Here are the latest updates, recent developments and upcoming changes.

Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.

The cross-border digital payment link will allow citizens of both countries to make seamless, secure and real-time transfers and payments using familiar mobile banking applications, UPI apps, and digital wallets.