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No MDR charges applicable on payment via RuPay, UPI from Jan 1: Sitharaman

Sunday, December 29, 2019, 4:01 PM

Finance Minister Nirmala Sitharaman said that from 1 January, 2020, businesses with annual turnover of more than Rs.50 crore will have to offer low cost digital payment options to customers and MDR will not be levied on either customers or merchants. Low cost digital payment modes will include options such as BHIM UPI, UPI QR Code, Aadhaar Pay, Debit Cards, NEFT, RTGS, among others.
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MEITY launches Smart-board for effective monitoring of the key programmes

Friday, October 4, 2019, 8:25 AM

The ministry of electronics and IT (MEITY) launched an Automated Real Time Performance Smart-board on Thursday for effective monitoring and measurement of the key programmes of the government such as Digital India, Aadhaar, Digital Payments etc. The dashboard was launched by Ravi Shankar Prasad, minister for electronics and IT, communication and law and justice while celebrating the 150th birth anniversary of Mahatma Gandhi.