Interchange on UPI transactions via PPIs — what it means?

The National Payments Corporation of India (NPCI) has introduced interchange fees of up to 1.1 per cent on merchant UPI transactions done using prepaid payment instruments from April 1. An explainer: If you cannot view this message, please [click here]( Follow us [Telegram_logo]( [The Hindu Business Line]( 29 March 2023 [BL Explainer]( [Interchange on UPI transactions via PPIs — what it means?]( The National Payments Corporation of India (NPCI) has introduced interchange fees of up to 1.1 per cent on merchant UPI transactions done using prepaid payment instruments from April 1. An explainer: [Read more »]( [Companies]( [Parliamentary panel asks Health Ministry to speed up on e-pharmacy rules]( The panel in its report mentioned that there were concerns over distribution of illegal or unethical medicines or outdated, substituted, or counterfeit medications [Read more »]( [Companies]( [Health Ministry cancels licences of 18 pharma companies over drug quality]( Product permissions for three companies have also been cancelled [Read more »]( [Markets]( [SEBI puts off frezeeing MF folios without nomination to Sept end]( SEBI also said AMCs and RTAs shall encourage the unit holders to fulfil the requirement for nomination and opt out of it by sending a communication to unit holders who are not in compliance with the requirement of nomination [Read more »]( [Companies]( [Vedanta to pay ₹20.50 as interim dividend]( The dividend payout will lead to a cash outgo of ₹7,621 crore [Read more »]( [Economy]( [India crossed $750 billion in exports, on track to achieve $2-trillion target: Goyal]( In the next four-five years from now, India will be the third largest economy in the world, says Commerce Minister [Read more »]( [Info-tech]( [CCI’s investigation arm conducting inquiries against several Big Tech firms, Govt tells Rajya Sabha]( Could spells trouble for big tech as they could face potential penalties indexed to global turnover, say experts [Read more »]( You are receiving this mail because you are a user of [thehindubusinessline.com]( have commented on an article. If you do not wish to receive any such mailers, [click here.]( To ensure that you continue to receive your emails from The Hindu in your inbox, please add newsletter.bl@newsalert.thehindu.com to your Address Book or Safe List. If you can't see the mailer, please [click here.]( Group Sites [Business Line]( | [BL on Campus]( | [இந்து தமிழ் திசை]( | [The Hindu]( | [Sportstarlive]( | [Frontline]( | [The Hindu Centre]( [Images]( | [roofandfloor]( | [Classifieds]( [About Us]( | [Contact Us]( | [Subscription](