digital transactions

Should UPI transactions incur fees? Amazon Pay CEO’s statement fuels discussion

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Should UPI transactions incur fees? Amazon Pay CEO’s statement fuels discussion

Should transactions done on UPI (Unified Payments Interface) be charged? A merchant discount rate (MDR) or a transaction fee is currently not charged for almost all UPI payments (excluding payments through PPI or prepaid instruments) as it is seen as one of the major ways to enhance UPI’s coverage and minimise the resistance to technology … Read more

5 key measures that can help mitigate the risk of credit card fraud

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5 key measures that can help mitigate the risk of credit card fraud

The increasing number of credit card frauds highlights the critical need for robust security measures in the financial industry. As technology advances, so do the methods used by cybercriminals to exploit vulnerabilities in payment systems. This rise in fraudulent activities underscores the necessity for financial institutions, businesses, and consumers to adopt comprehensive security strategies to … Read more