RuPay and UPI transactions
Legislation UpdatesNotifications

Finance Ministry has notified under Section 10A of the Payment and Settlement Systems Act, 2007 that RuPay-powered debit card transactions and UPI payments up to ₹2,000 will remain free from any direct or indirect charges.

Legislation UpdatesNotifications

Reserve Bank of India through circular DPSS.CO.OD.No 2785/06.08.005/2017-18 dated April 06, 2018 had issued a few directions to ensure better monitoring, it is