RBI Deputy Governor Rohit Jain said technology is no longer merely an enabler for banks but is becoming their “risk architecture”, making t...

Pine Labs has announced a partnership with Google Cloud to support Indian merchants in future AI-driven commerce. The collaboration aims to...

In an ambitious move to bolster India's digital payment landscape, PhonePe is set to hire more than 20,000 sales professionals aimed at exp...

Industry leaders, investors and entrepreneurs from the city engaged with Karnataka officials on opportunities to collaborate through the su...

Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay trans...

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

Unified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI ...

Payment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...

India’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...

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

A shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...

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

Digital payment charges are necessary for service efficiency and wider reach. Person-to-person and small transactions remain free from new ...

Delhi will soon implement a new traffic challan system for motorists. Grievance rejection will require depositing fifty percent of the pena...

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

Effective 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...

The government has introduced a 0.4% fee on UPI payments of more than Rs 2,000 made to merchants from October 15. Under this, a merchant di...