Found 2 results for "UPI"
The Unified Payments Interface (**UPI**) completed **10 years** on August 25, **2026**, after growing into the world's largest real-time payment system by transaction volume.
The Finance Ministry introduced a Bill to amend the **Payment and Settlement Systems Act, 2007**, allowing **Merchant Discount Rate** (**MDR**) to be levied on specified **UPI** and other digital-payment transactions.
