Did government order banks to stock ATMs ahead of UPI charges? Here’s what PIB saidA newspaper clipping claiming banks were told to increase ATM cash stocks ahead of UPI fees has circulated online, prompting a government f...
23 Sep, 2026, 06.02 PM IST
As SMEs digitise and expand globally, foreign banks have a crucial role to play: DBS Bank India’s Divyesh DalalDBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...
23 Sep, 2026, 11.53 AM IST
Banks rethink UPI play; Big Tech's AI pivot dents Indian ITHappy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...
23 Sep, 2026, 07.44 AM IST
Virat Kohli's brother-in-law was once a professional cricketer, then joined merchant navy at 17. Who is Karnesh Ssharma?Anushka Sharma’s brother Karnesh Ssharma is the producer behind several critically acclaimed films and TV series, such as NH10, Bulbbul, Qa...
22 Sep, 2026, 06.47 PM IST
PhonePe gets in-principle nod from UAE for first locally licensed overseas payments businessWalmart-backed PhonePe has received in-principle approval from the UAE central bank for two payments licences, paving the way for its first...
22 Sep, 2026, 02.39 PM IST
Big to get bigger: India's UPI fee shift to entrench dominant incumbentsPhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...
22 Sep, 2026, 12.51 PM IST
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...
21 Sep, 2026, 12.22 PM IST
UPI's free lunch is over: Why the 0.4% MDR charge is fair, needed and overdueDigital payment charges are necessary for service efficiency and wider reach. Person-to-person and small transactions remain free from new ...
18 Sep, 2026, 11.06 PM IST
MDR rollout will be monitored to protect usersTax issues Levy of goods & services tax on MDR can be taken up by GST Council, ITC may be used by merchants.
18 Sep, 2026, 07.57 PM IST
Retailers push back against proposed 0.4% MDR on UPI transactions above Rs 2,000, warn of hit to thin marginsRetailers are strongly opposing a proposed merchant discount rate on UPI payments. This new charge will significantly impact their already ...
17 Sep, 2026, 11.55 PM IST
FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...
17 Sep, 2026, 06.41 PM IST
Attempt to divert attention from backlash over UPI tax: Congress on govt's Parl panel claimsCongress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...
17 Sep, 2026, 12.30 PM IST
Decoding MDR’s impact; EV bikes’ policy change sparks debateHappy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.
17 Sep, 2026, 07.43 AM IST
Explainer -- India's UPI MDR shake-up: What changes and why it mattersIndia will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...
16 Sep, 2026, 06.35 PM IST
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
16 Sep, 2026, 01.22 PM IST
PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
12 Sep, 2026, 05.16 PM IST
PayU launches AI-powered fraud protection for cross-border card paymentsPayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...
11 Sep, 2026, 03.28 PM IST