Digital Payments India
Business
Repeated ₹2,000 UPI Payments for One Bill Could Trigger Bank Fraud Checks
Splitting a large UPI bill into repeated ₹2,000 payments may avoid the proposed MDR threshold, but unusual payment patterns could trigger bank security checks.
Technology
UPI MDR: Why Electronics Retailers Fear Margin Pressure
The new UPI MDR on eligible payments above ₹2,000 is raising concerns among electronics retailers, who already operate on tight margins.
Technology
Apple Pay Eyes India Launch With Axis Bank Credit Cards
Apple Pay is expected to launch in India next month with Axis Bank credit cards, while talks with HDFC Bank and ICICI Bank continue.
Business
UPI MDR: 96% of Transactions Will Not Be Affected, Says Mohandas Pai
Former Infosys CFO Mohandas Pai says 96% of UPI transactions will remain unaffected by the new MDR, while revenue from eligible merchant payments can support payment infrastructure.