In the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...

January recorded the highest volume with 21.7 billion transactions, followed by December and October with 21.6 billion and 20.7 billion tra...

The digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...

As the National Payments Corporation of India (NPCI) grapples with a moderation in growth of the Unified Payments Interface, it is turning ...

The committee also recognised the need for cashback and multi-year subsidy schemes to promote adoption of digital payments in tier-three to...

As the government prepares for its next budget, payment system operators are calling for a decisive increase in subsidies for UPI merchant ...

Over the last few months, the digital payments industry has been abuzz about MDR coming back on UPI. During their FY25 results call with st...

Paytm shares declined following the Finance Ministry's denial of Merchant Discount Rate (MDR) on UPI transactions. This sparked investor co...

Paytm share price plummeted by 10% following the Finance Ministry's denial of impending MDR charges on UPI payments, a fee banks charge mer...

The finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant ...

Merchant Discount Rate (MDR) is the fee charged by banks to merchants for providing digital payment services. Currently, RuPay debit cards ...

The payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and RuPay debit ca...

Here’s a close look at the MDR’s journey over the years and what its reintroduction will mean for large merchants, banks and payment servic...

Launching a report titled ‘How Urban India Pays’, CEO Vikas Bansal said the ecommerce major is focused on simplifying the customer journey ...

According to a survey by Local Circles, 7 out of 10 UPI users would stop using the app if transaction fees were imposed. Fintech companies ...

Banks and digital payments providers have met with officials of the finance and information technology ministries, seeking a ‘flat, slab-ba...

This move is expected to encourage small grocery stores, chemists and kirana stores across the country to set up basic acceptance infrastru...