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Apple Pay is now live in India with Axis Bank Visa and Mastercard credit cards. Here is how to add a card, which iPhones and Apple Watches work, where you can pay, and why UPI, RuPay and debit cards are not supported at launch.
Finance Minister Nirmala Sitharaman says the new UPI MDR is not a tax and cannot be passed on to customers. Here is who actually pays, what changes from October 15 and which UPI transactions remain free.
Several trader associations have called for a voluntary “No UPI Day” on October 2 against the new MDR on some merchant UPI payments above ₹2,000. UPI itself will not shut down, customers will not pay the MDR, and most transactions remain free.
UPI has completed an extraordinary decade — from 1.78 crore annual transactions in its early days to more than 66 crore transactions a day. Now Bharat’s payment revolution is crossing borders, connecting national payment systems and presenting the world with a powerful alternative model for instant
