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DIGITAL PAYMENTS
Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...
Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currencyThe government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...
ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hubHSBC plans to hire more than 200 professionals in Singapore, including AI specialists and wealth managers, as part of its strategy to expan...
Text message scams jump 146% in India amid rise in scam-led digital fraud: ReportText message-based scams in India have surged 146 per cent, highlighting a sharp shift in the country's digital fraud landscape towards sca...
Fintechs tell NPCI its 'default app' plan could kill competitionSeven Indian fintech firms have written to NPCI regarding its UPI Meta protocol. They argue the proposed framework risks locking customers ...
25 nations including France and Singapore pilot India's DPI platform: OfficialIndia's digital public infrastructure is currently in pilot programs across twenty-five nations. This initiative follows India's successful...
How PayPal went from Wall Street favorite to unwilling merger targetPayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and ...
Global Market: Ant International raises $1.2 billion to fuel global expansionAnt International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion acros...
How PayPal went from Wall Street favorite to unwilling merger targetThe company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout ...
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
India, Spain to fast-track UPI-Bizum interoperability talksThe two countries have also discussed ways to strengthen investment facilitation, improving mobility of professionals and promoting joint i...
UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
UPI MDR may return for large merchants: What it means for your digital paymentsIndia's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainabl...
Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...