India's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...

Congress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...

The Congress party has voiced strong opposition to the implementation of a merchant discount rate (MDR) on UPI transactions, alleging that ...

The government has introduced a 0.4% fee on UPI payments of more than Rs 2,000 made to merchants from October 15. Under this, a merchant di...

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

BharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...

Happy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...

UPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...

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

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

The government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...

The issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...

DFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowe...

How about a card that not only offers airport privileges but also earns rewards on every eligible spend and UPI transaction, with zero fore...

Despite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...

The Pradhan Mantri Jan Dhan Yojana has completed twelve years of service. Over fifty-nine crore bank accounts now exist under this financia...