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DIGITAL PAYMENTS
Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual feeSamsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Vis...
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...
Ant International raises $1.2 billion in global expansion pushAffiliates Ant Group and Alibaba Group participated in the private funding round, the company said on Tuesday, without disclosing the siz...
Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
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...
Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
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...
Setu chief business officer Anand Raisinghani steps downAnand Raisinghani has resigned from his role at Pine Labs-owned Setu, an API infrastructure company. He is stepping down to pursue new care...
Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
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...
UPI fees explained: Why the government plans to revive MDR and who will payThe central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merch...
PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offerPayPal shares surged after a reported $53 billion buyout offer from Stripe and Advent International, valuing the company at a premium. The ...
Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
RBI is right to act on digital payment fraud. But some safeguards need sharper designCyber fraud complaints and losses are increasing significantly in India's digital payment system. The Reserve Bank of India has proposed ne...
Evolving nature of digital payment system in IndiaIndia's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and ne...