PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
09 Aug, 2026, 12.13 AM IST
PhonePe, Razorpay chiefs say UPI will stay free for users, back sustainable modelPhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...
08 Aug, 2026, 05.07 PM IST
SBI cannot separately calculate UPI costs: Chairman CS SettySBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...
08 Aug, 2026, 03.28 PM IST
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
08 Aug, 2026, 02.05 PM IST
Payments Council backs UPI merchant charges, says users, small businesses will remain exemptPCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...
07 Aug, 2026, 11.10 PM IST
'Dubious claims': Congress' Jairam Ramesh hits back at Nirmala Sitharaman on taxation billJairam Ramesh countered Nirmala Sitharaman's claims regarding a new taxation bill. He stated government assurances do not replace statutory...
07 Aug, 2026, 04.16 PM IST
Shiprocket's Rs 7,056 crore IPO rewards early backers, dents returns for late-stage investorsShiprocket has announced an IPO price range set between Rs 92 and Rs 97 per share, representing a notable decrease of around thirty percent...
06 Aug, 2026, 08.30 PM IST
Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
06 Aug, 2026, 01.50 PM IST
UPI apps could chase big-ticket transactions as MDR return loomsThe UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...
06 Aug, 2026, 06.00 AM IST
India paves way for return of merchant fees on digital paymentsIndia has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...
04 Aug, 2026, 04.25 PM IST
Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
04 Aug, 2026, 08.35 AM IST
PhonePe Mutual Funds sees 5X growth in Daily SIP transactions driven by demand from smaller citiesPhonePe Mutual Funds onboarded over 500,000 unique investors into its Daily SIP product. Nearly seventy-seven percent of these customers ca...
03 Aug, 2026, 06.02 PM IST
Listed fintech firms are widening revenue bets as core growth coolsIndia's fintechs are looking beyond their core businesses as growth normalises and investors seek more predictable revenue. Groww, Paytm, P...
03 Aug, 2026, 06.01 AM IST
UPI volumes hit record high in July, nears Rs 30 lakh croreCompared to July 2025, UPI transaction volumes rose 22% in July, while the transaction value increased 19% compared to a year ago. The July...
01 Aug, 2026, 02.36 PM IST
PhonePe to help businesses read India's market pulse in real timePhonePe has launched PhonePe PulsePro, an enterprise intelligence platform that converts aggregated and anonymised digital transaction data...
30 Jul, 2026, 10.07 AM IST
Delhi HC orders winding up of Paytm Payments Bank, appoints former SBI official as liquidatorThe Delhi High Court has issued a ruling for the liquidation of Paytm Payments Bank Ltd, following the Reserve Bank of India's decision to ...
28 Jul, 2026, 04.41 PM IST
ETtech Explainer: Why PhonePe’s UPI lead lags Paytm’s profitsPhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...
28 Jul, 2026, 06.00 AM IST