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
PhonePe gets in-principle approval for two UAE payment licencesPhonePe has secured in-principle approval from the UAE central bank for two payment licences, marking its first international market entry....
22 Sep, 2026, 02.39 PM IST
Global Market: ECB launches blockchain payment service, to invest in digital securitiesThe European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements...
22 Sep, 2026, 01.24 PM IST
The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi saysIndia’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...
21 Sep, 2026, 09.29 PM IST
Pine Labs shares can rally 30%, says Motilal Oswal after initiating coverage with Buy. Here’s whyPine Labs shares gained after Motilal Oswal initiated coverage with a Buy rating and a Rs 250 target, implying 30% upside. The brokerage se...
21 Sep, 2026, 11.42 AM IST
India must rethink cross-border payments beyond corridors, put customers first: DeloitteA shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...
20 Sep, 2026, 12.48 PM IST
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
20 Sep, 2026, 12.05 PM IST
ET Product of the Year Awards 2026: Recognising the infrastructure powering India’s digital financeThe prestigious ET Fintech Infrastructure Product of the Year award highlights groundbreaking platforms that make financial technology more...
18 Sep, 2026, 01.38 PM IST
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
17 Sep, 2026, 05.21 PM IST
BharatPe backs new UPI MDR framework, distances itself from former CEO Ashneer Grover’s criticismBharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views are his own. This new...
17 Sep, 2026, 04.32 PM IST
Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
16 Sep, 2026, 07.33 PM IST
UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...
16 Sep, 2026, 06.37 PM IST
‘Open is the word’: Juspay’s Ishan Sharma on population-scale payments, agentic payments and building from India for the worldIn an exclusive interview with The Economic Times at the Global Fintech Fest 2026, Juspay’s Ishan Sharma reflected on 12 years of solving p...
16 Sep, 2026, 05.33 PM IST
UPI MDR a welcome move, will help support infra for growing digital payments: Mohandas PaiThe central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...
16 Sep, 2026, 05.23 PM IST
NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
15 Sep, 2026, 11.32 PM IST
No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
15 Sep, 2026, 06.35 PM IST
AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...
11 Sep, 2026, 05.20 PM IST