Artificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real...

Prime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...

Kroger customers may receive a share of a proposed $17 million class-action settlement. This settlement addresses allegations of overchargi...

The number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...

The aftermath of matrimonial disputes often lingers long after a marriage has ended, imposing hefty financial and legal challenges on men. ...

At the One of a Kind Awards - for early stage startups, presented by The Economic Times and Cashfree Payments, the Category Creator Award r...

AI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and tra...

New foreign trade policy amendments will ease exporter invoicing and payments in Indian rupees. This move promotes rupee internationalizati...

The government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...

Indian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...

India’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...

A parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...

A parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...

Consumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...

Parliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for ...

Standard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...

Proposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...