Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...

The UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...

The Confederation of All India Traders will support a nominal Merchant Discount Rate on higher-value UPI transactions. This support is cont...

Internet subscribers have surpassed 109 crore, and over 2.21 lakh Gram Panchayats are now service-ready. Telephone connections also saw a s...

The International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...

The fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.

Parliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...

India's private consumption is projected to reach $1.9 trillion by 2030. This growth stems from rising incomes and rapid digital adoption. ...

India has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...

India's payments law may soon allow merchant discount rates on specific UPI transactions. This change could create significant revenue for ...

ET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...

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

The Taxation and Other Laws Amendment Bill, 2026 proposes extending electronics tax incentives until 2041, easing rules for foreign investo...

Indian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...

UPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...

Maldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...

Mobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...