Upi Rules

According to the RBI's new guidelines, if you transfer money to the wrong UPI address, you can expect to get your money back within 24 to 48 hours.

Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100. Now SMS notifications will be pushed only for transactions above Rs 100 (for money sent/paid) and above Rs 500 (for money received).

In the comments section, she said that she had booked the ride through an application and she was unaware that the driver would not take the payment via UPI.

The fee will not be applicable for person-to-person transactions or person-to-merchant transactions between a bank and the prepaid wallet.

From April 1, some Unified Payments Interface (UPI) transactions of over Rs 2,000 will attract an interchange fee of 1.1 per cent. But, this is for merchants only.

Apple has stopped accepting card payments for subscriptions and app purchases using Apple ID in India and is giving UPI and netbanking as two payment options.

Netflix is now rolling out support for UPI Autopay recurring payments in India. UPI Autopay will be available on Netflix.com and Netflix’s Android app. Netflix might be getting ahead of the curve here, as the Reserve Bank of India will impose new rules on recurring transactions from October 1, and the storing of card details from January 1, 2022.

The Delhi High Court has sought response of the Reserve Bank of India (RBI) and the Centre on a plea seeking action and suspension of operations of the Google India Digital Service in UPI through its application 'Google Pay' till it fully complies with interoperability.

Through a circular on Friday, the National Payments Corporation of India (NPCI) said that it has agreed to revise the UPI interchange and payment service provider fees to "zero" for all domestic UPI merchant (P2M) transactions with retrospective effect from January 1, 2020.

According to the RBI's new guidelines, if you transfer money to the wrong UPI address, you can expect to get your money back within 24 to 48 hours.

Starting June 25, HDFC Bank will stop sending SMS alerts for UPI transactions up to Rs 100. Now SMS notifications will be pushed only for transactions above Rs 100 (for money sent/paid) and above Rs 500 (for money received).

In the comments section, she said that she had booked the ride through an application and she was unaware that the driver would not take the payment via UPI.

The fee will not be applicable for person-to-person transactions or person-to-merchant transactions between a bank and the prepaid wallet.

From April 1, some Unified Payments Interface (UPI) transactions of over Rs 2,000 will attract an interchange fee of 1.1 per cent. But, this is for merchants only.

Apple has stopped accepting card payments for subscriptions and app purchases using Apple ID in India and is giving UPI and netbanking as two payment options.

Netflix is now rolling out support for UPI Autopay recurring payments in India. UPI Autopay will be available on Netflix.com and Netflix’s Android app. Netflix might be getting ahead of the curve here, as the Reserve Bank of India will impose new rules on recurring transactions from October 1, and the storing of card details from January 1, 2022.

The Delhi High Court has sought response of the Reserve Bank of India (RBI) and the Centre on a plea seeking action and suspension of operations of the Google India Digital Service in UPI through its application 'Google Pay' till it fully complies with interoperability.

Through a circular on Friday, the National Payments Corporation of India (NPCI) said that it has agreed to revise the UPI interchange and payment service provider fees to "zero" for all domestic UPI merchant (P2M) transactions with retrospective effect from January 1, 2020.