UPI may still be free for users, but merchants are entering a new phase.
From 15 October 2026, a 0.4% MDR will apply to specified P2M UPI transactions above ₹2,000, capped at ₹300 per transaction. P2P payments will remain free.
I was searching for something related to UPI and MDR (to check what @deepakshenoy has said in the past about MDR) and found this on a govt website.
https://t.co/wA40mbRBXy
lol more proof that when the govt says something, usually the opposite it true. Took about a year...
Forget every other aspect for a moment. Opening the door to charges on UPI shows the central government is continuing to lose political instinct.
The gap between what the government thinks and how the public feels is becoming wider and wider.
UPI is functioning very well.
Most of the problems in our country are self inflicted.
India mein koi 5 minutes number Google kar le to doodh ka doodh paani ka paani ho jaye.
RBI surplus to Govt : ₹2.87 Lakh Crores (US$30 Bn)
Total listed bank profits : ₹4.11 Lakh Crores (US$42 Bn)
NPCI - which runs UPI pre tax ‘surplus’ : ₹ 1,888 crores (US$200 Mn)
To nuksaan kis ka ho raha hai UPI se aur kaunsi subsidy de rahi hai Govt UPI pe jo chubh rahi hai?
Cost of running ATMs and cash logistics in India is ₹30,500 crores (US$ 3.0 Bn). If you want to optimise shut ATMs and promote UPI instead.
Any levy on UPI is just tax collection. UPI is the one scientific achievement of India everyone acknowledges par ab tax ki bali chadhegi.
UPI Charges Row | Ashneer Grover Exclusive
In technology, India is known for one thing in the world, and that is UPI. Nothing else in the last 14 years. If they want to ruin this too, then it’s political suicide: @Ashneer_Grover speaks to @shreyadhoundial
🚨Ranjit Bajaj: "Give me charge of India's U-15 team... and I'll deliver the World Cup." 😳
Ranjit made a bold appeal to Indian football officials, saying:
"Keep your personal differences with me aside. Give me complete freedom, let me choose my own coaching staff, and I promise I'll get you the World Cup."
He also warned that if the current U-15 generation isn't developed properly, Indian football could lose another golden batch of talent.
It's been almost 24 hours since Fable 5 went live.
Has it improved your use case yet?
Or are we watching diminishing marginal utility play out? First smartphone changed your life, fifteenth changed your wallpaper.
Name one use case where Fable is tremendously better for you.
Google's Maps update is bigger than AI in navigation.
When a map understands intent, real world context, and the next action, it stops being a search tool and starts becoming an execution layer.
That's where #SAAS is heading too
Today @GoogleMaps is getting its biggest upgrade in over a decade. By combining our Gemini models with a deep understanding of the world, Maps now unlocks entirely new possibilities for how you navigate and explore. Here’s what you need to know 🧵
@svembu Billions in subsidies mask AI’s true cost fuelling the frenzy. Operators know bloated models are overkill. Specialized models do more with less. Jack of one trade > jack of all trades.
Sarvam proves this. Such disruptions continue till AI finds sustainable power to performance.
@JioMart_Support i am facing an issue where a different product was delivered. Despite raising complaint no resolution has been provided. The ticket has been falsely marked closed. Fraud suspected by store.
Request id - 757140598698
Foreign media / Pilots Propaganda on #AI171 Crash
Example- if the engines fail at 180 knots the aircraft inertia would have taken the airspeed to at least 185/186 knots before the speed decays since the a/c isas accelerating. (this is tested in the
.
That only means, engines failed before 8:8:42 probably just after liftoff.
Hello @BlrCityPolice
There has been an incident of two police officers extorting an innocent (Kannadiga) person for a bribe of Rs. 37,000/- in Indiranagar when he had done NOTHING wrong
No FIR done by police; only departmental enquiry has started. Threat calls being made (1/9)