UPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...

Transaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...

Securities and Exchange Board of India has ordered a refund for investors affected by Growpital's scheme. The refund will involve ₹192.88 c...

Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for users. With Axis Bank Visa and Ma...

In an exciting development, Apple has rolled out its payment service, Apple Pay, in India through a collaboration with Axis Bank. Users hol...

Apple pay india launch: Apple has officially launched Apple Pay in India. This contactless payment service allows for easy and secure trans...

Apple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issuers, including HDFC Bank, ICICI Ban...

Apple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank credit cards. Users can add their V...

The Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month and handle 70-80% of cases without h...

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

The new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...

A 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...

Starting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under...

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...

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...

The Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...

India's payment rules may require review as AI agents transact for consumers. Personal AI agents could store card credentials outside the c...