A newspaper clipping claiming banks were told to increase ATM cash stocks ahead of UPI fees has circulated online, prompting a government f...

DBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...

PhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...

Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...

The Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...

PVR INOX asked an Ahmedabad advocate to pay using UPI only and refused to accept his cash payments. He has sent a legal notice to PVR INOX ...

For the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...

The RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...

The government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed o...

Tackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...

In a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...

Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

Traders will now encourage cash payments to avoid new UPI transaction fees. A 0.4 percent charge applies to UPI transactions exceeding two ...

India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...

CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company ...

People may carry cash for very different reasons. For some, it is a practical way to control spending; for others, it provides reassurance ...