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Govt crackdown on underage scrolling; UPI incentives declineHappy Thursday! The government is debating social media restrictions for children in India. This and more in today’s ETtech Morning Dispatc...- There’s no free digital lunch: Why India must rethink UPI’s zero-fee modelSmall merchants are facing unexplained fees on UPI transactions, linked to RuPay credit card MDR. While UPI was promoted as free, these cha...
- Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...
- NPCI ups RuPay card play; India off YC radarHappy Wednesday! The National Payments Corporation of India (NPCI) is rolling out fresh incentives to encourage banks to issue more RuPay c...
- Free access to RuPay exclusive airport lounge: New guidelines released by NPCI to be applicable for these peopleRuPay exclusive airport lounge: The National Payments Corporation of India has released new guidelines for complimentary access of RuPay ex...
- NPCI posts 37% jump in FY24 net profit to Rs 1,134 crore, revenue up 42%NPCI has reported a 37% growth in its net profit at Rs 1,134 crore for FY24. Total revenue was up 42% at Rs 3,278 crore on a consolidated b...
- Rupay credit cards on UPI will now earn same reward points like other RuPay cards including on these UPI transactionsRuPay credit card: The National Payments Corporation of India (NPCI) in a circular directed all RuPay credit card issuing banks to ensure t...
- Maldives to launch India's RuPay service amid bilateral tensionsDespite recent turbulence in bilateral relations, the Maldives is set to launch India's RuPay service, a move expected to strengthen the Ma...
- Major changes in UPI 2023: Increase in transaction limits, UPI Lite X, NPS contributions, other big changes madeWith more and more people using the Unified Payments Interface (UPI) to make payments, the Reserve Bank of India (RBI) announced various us...
- Exclusive: Top-deck shuffle at Amazon India; social media firms and anti-deepfake toolsAmazon has started significant top-level restructuring of its India management team under vice president and country head Manish Tiwary.
- Scoop: Tiger Global’s big bet on IPL; Binny Bansal eyes stake in volleyball team Bengaluru TorpedoesHappy Monday. Global funds and individual investors are all lining up funds for professional sports clubs, a new and emerging trend that we...
- Lending taps drying up for crisis-hit ZestMoney; Payments Council pings FM for RuPay MDRTroubles seem to be mounting for beleaguered ZestMoney as lenders pull back credit lines, a day after its founders left the company after a...
- There has to be a governance layer if you operate in financial services sector: NPCI chief Dilip AsbeThe NPCI chief, who was in conversation with Pine Labs chief executive Amrish Rau, said currently there is still room for digital payments ...
- Why Indian banks want US card networks like Visa and Mastercard to have a share of UPI pieUS card networks may get to tap small Indian retailers who otherwise can’t afford them. On that hangs a tale of rivals putting profit befor...
- SBI staff union, global associations ask RBI to rethink NUE policyAs many as six consortiums, including one led by multinational company Amazon, have applied for a New Umbrella Entity (NUE) licence from th...
- Digital payment system numbers are back closer to Feb levels: NPCI'Ticket sizes of digital payments have gone up 10-20% across categories'
- FASTag, mobility cards big focus for us this year: NPCI COOPraveena Rai says it's a year for transit and FASTag is going to be a big focus for NPCI.
- Paytm Payments Bank opens on Visa, talks on for branded cardsUnorganised merchants on Paytm network a big draw for Visa to grow business.
- ET Awards 2018 for Policy Change Agent of the Year: NPCINPCI was the unanimous choice of the jury for the Policy Change Agent award, for the way it revolutionised the payments landscape of the co...
- Government’s RuPay making solid gains in payments spaceData from NPCI shows that RuPay card usage at point-of-sales devices has jumped 135% to 459 million transactions in financial year 2018 aga...
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