digital payments

Tag: digital payments

MDR on UPI Above ₹3,000? Finance Ministry and BJP Slam Congress’s "Rumor Factory"

2025-06-12 Ravi Mehta

A political controversy erupted after the Congress party accused the Modi government of planning to impose MDR (Merchant Discount Rate) on UPI transactions above ₹3,000. The Finance Ministry and BJP swiftly responded, calling the claims false, baseless, and misleading. This blog unpacks the full story, the fact-check, and the political reactions.

Cabinet Approves ₹1,500 Crore Incentive Scheme for BHIM-UPI Transactions in FY25

2025-03-19 Niranjan Ghatule

The Indian Cabinet has approved a ₹1,500 crore incentive scheme to promote BHIM-UPI transactions up to ₹2,000 in FY25. This initiative aims to boost digital payments, particularly small-value transactions, making them more accessible and cost-effective for users and merchants. The scheme is part of the government's broader push toward a cashless economy and financial inclusion.

MDR on UPI Above ₹3,000? Finance Ministry and BJP Slam Congress’s "Rumor Factory"

Cabinet Approves ₹1,500 Crore Incentive Scheme for BHIM-UPI Transactions in FY25

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