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No charge on UPI transactions for Rupay credit cards up to Rs 2,000: NPCI

RBI Governor Shaktikanta Das last month launched the Rupay credit card on the Unified Payments Interface (UPI) network. This action would almost certainly increase credit market access. At the launch, the MDR and other charges were not announced, as RBI is yet to confirm the approach. In a recent circular, the RBI made it clear… Continue reading No charge on UPI transactions for Rupay credit cards up to Rs 2,000: NPCI