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The team at iFactor is knowledgeable, responsive, and genuinely cares about our success. We are grateful for their partnership and will continue to work with them for all our financial needs..
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CEO, SP Chips & Potato Pvt Ltd
Featured News
Government moves closer to restoring MDR on UPI merchant payments
Parliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by allowing banks to charge fees. The Reserve Bank of India will determine these charges on person-to-merchant payments. Payment platforms could see significant revenue generation from these new charges. This development follows UPI companies' struggles to build profitable payment businesses.
Sugar prices surge 17% in a month, mills expect more government curbs
India's sugar prices have risen significantly in recent weeks. The government imposed stock limits to help temper these rising rates. Lower output and El Nino concerns are also impacting sugar prices. Demand for sugar remains strong despite the recent price increases. The government has maintained August's sales quota at last year's level.
