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India must not rewrite its UPI policies under US pressure: GTRIIndia's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy fo...- Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital paymentsThe Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...
- Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
- 'Is PM seeking to dilute UPI, open digital payments sector to US businesses': CongressCongress criticizes a new government bill concerning digital payments. The party alleges the bill could weaken UPI and favor American compa...
- UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
- Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
- UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
- UPI apps could chase big-ticket transactions as MDR return loomsThe UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...
- CAIT backs nominal MDR on high-value UPI transactions if proposed, says await bill detailsThe Confederation of All India Traders will support a nominal Merchant Discount Rate on higher-value UPI transactions. This support is cont...
- UPI payments above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
- Government moves closer to restoring MDR on UPI merchant paymentsParliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...
- India paves way for return of merchant fees on digital paymentsIndia has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...
- Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
- Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
- Rajya Sabha passes MSME bill to curb payment delaysThe Rajya Sabha approved the MSME Development (Amendment) Bill, 2026, on Monday. This legislation introduces timelines for faster dispute r...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- Banks propose 'Yes-No' prompt for high-risk UPI transfers to curb digital payment fraudsIndian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...
- Paytm App and Paytm UPI payments working normallyPaytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Ope...
- Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
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