digital payments Archives

SBI Card, PhonePe launch co-branded credit cards

Topnewsplus1 month ago03 mins

SBI Card and PhonePe introduced a co-branded credit card to thank customers for regular spending. The PhonePe SBI Card is available in two variants, PhonePe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE. Customers can earn up to 10 per cent reward points on everyday spends like Recharges, Bill Payments, Insurance, Flights, Hotels, Pincode…

Finance Ministry denies reports of MDR charges on UPI transactions, calls them baseless

Topnewsplus3 months ago04 mins

The Union Finance Ministry on Wednesday dismissed reports suggesting the government is considering levying charges on Unified Payments Interface (UPI) transactions, calling the claims “completely false, baseless, and misleading.” In an official post on social media platform X, the ministry clarified that there is no proposal to introduce a Merchant Discount Rate (MDR) on UPI…