Clarifying that Grover's remarks do not reflect the company's stance, BharatPe said his views were made strictly in an individual capacity.

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...

India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...

The Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability ...

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...

The National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...

At the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...

Congress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...

India’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...

India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...

India and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...

As artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...

Russia will discuss digital currency trade settlements with BRICS+ partners this week. President Vladimir Putin will attend the BRICS+ summ...

The landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...

India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...

UPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...

With plans for a substantial expansion in India's digital payments sector, Adyen is actively recruiting more staff to address surging deman...