India is a compelling place to test that idea, because India has been quietly building something transformative. Only a decade ago, shopkee...

Sebi is stepping up its use of artificial intelligence to monitor misleading financial advice on social media. Its Project Sudarsan tracks ...

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...

PhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...

State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...

The Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...

The Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...

The Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...

PCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...

Jairam Ramesh countered Nirmala Sitharaman's claims regarding a new taxation bill. He stated government assurances do not replace statutory...

Finance Minister Nirmala Sitharaman clarified merchant discount rates will not affect customers. She stated that merchants will bear any ch...

A debate erupted over removing UPI's zero merchant discount rate guarantee. Finance Minister Nirmala Sitharaman stated any charges would af...

A groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance ...

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

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...