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India is considering changes that could allow MDR on selected UPI merchant transactions. Here's what the debate means for consumers, merchants and digital payments.
EPFO is introducing UPI and ATM-enabled Provident Fund withdrawals under the EPFO 3.0 initiative. The government says the digital upgrade will reduce paperwork, speed up claim processing and provide faster access to eligible PF savings for millions of subscribers.
India and Nepal have launched a UPI-NPI cross-border remittance system, enabling faster digital money transfers between the two countries. The initiative aims to improve financial inclusion, support migrant workers, and strengthen regional fintech cooperation through real-time payment infrastructure.
