The National Payments Corporation of India (NPCI) on Wednesday clarified about the recently introduced interchange charges, saying they are only applicable for the prepaid payment instruments (PPI) transactions and there is no charge to customers. It a…
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Any Unified Payments Interface (UPI) transactions of more than Rs 2,000 made via prepaid payment instruments (PPI) like online wallets or pre-loaded gift cards, etc, will carry an interchange fee of up to 1.1 percent from April 1, 2023.
Any Unified P…
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Starting April 1, any UPI transactions of more than Rs 2,000 made via prepaid payment instruments (PPI) like online wallets or pre-loaded gift cards, etc, will carry an interchange fee.
The interchange fee is the fee to be paid to wallet issuers …
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David Ivy carries a bag of donations to be loaded onto a U-Haul trailer for the Lincoln Baptist Association. Ivy and his wife Cathy lead the …