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UPI fee rollback ruled out: 0.4% MDR stays on big paymentsThe government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...- UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
- MDR on UPI does not make sense for broking and investment payments, say Nithin Kamath and Deepak ShenoyThe NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. Th...
- Explainer -- India's UPI MDR shake-up: What changes and why it mattersIndia will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...
- UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
- Aries, Taurus, Gemini Horoscope Today, September 16, 2026: Venus Supports Partnerships, Client Deals & Smoother Workplace RoutinesThe Moon starts the day in Libra alongside Venus, lighting up Aries’s partnership zone, Taurus’s client relations, and Gemini’s workplace r...
- NPCI unveils UPI MDR; Meta's new child safety measuresThe NPCI has finalised the long-awaited MDR framework for UPI transactions, paving the way for changes to the payments ecosystem. This and ...
- Amazon Now’s sales surge; govt’s stance on UPI chargesHappy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...
- Karnataka CM DK Shivkumar says 'Donald Trump is copying us' as US president announces $5000 to every adult if Republicans win mid-termsKarnataka Chief Minister DK Shivakumar has compared US President Donald Trump’s proposed $5,000 payment to American adults with Congress’ w...
- Builder fined Rs 1.03 crore by Telangana RERA for unregistered, unfinished villas; homebuyer gets Rs 79 lakh refund + Rs 21.7 lakh interestHomebuyer to get Rs 21.7 lakh interest as Telangana RERA acts against builder over unfinished villa construction and imposed Rs 1.03 crore ...
- Trump calls $5,000 payouts 'easy' to fit into federal budgetPresident Trump stated the United States can afford $5,000 payments to all adults. This proposal was unveiled during the Republican Party c...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- 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...
- UPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps feeThe issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...
- US to issue $500 Obamacare refunds to nearly a million AmericansNearly one million Americans will receive $500 refunds from the Trump administration. These payments address overcharges on federal Obamaca...
- Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay MalhotraMumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is ke...
- Fintech founders bet that the bot will become the buyerAgentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Cor...
- Global Fintech Fest 2026: DFS Secretary Sanjay Lohiya unveils UPI credit for KCC, MUDRA borrowersDFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowe...
- Many billion-dollar fintech cos can emerge from India to serve global markets: Razorpay CEOWhile speaking during a session at Global Fintech Fest, Razorpay CEO Harshil Mathur cited the emergence of big tech from the US, like Googl...
- Paytm bets on workplace AI agents in pivot beyond paymentsIn an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...
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