The Finance Ministry has clarified that UPI payments will remain free for consumers, with any future merchant discount rate (MDR) applicable only to select high-value merchant transactions at nominal rates.
VIYONA Fintech has partnered with EFICYENT to enable international acceptance of India’s UPI across select corridors. The collaboration will focus on merchant payments and cross-border collections, with phased rollout subject to regulatory approvals in overseas markets
ChatGPT Go’s 12-month free access offer in India drew huge interest, but users faced payment failures and UPI verification errors during activation. OpenAI said heavy traffic briefly overloaded its systems, causing temporary disruptions in UPI transactions
A vendor at Jabalpur railway station was detained after a viral video showed him taking a passenger's wristwatch as payment for samosas due to a failed UPI transaction. Authorities are cancelling his license and have registered a case
