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STREET VENDORS UPI PAYMENTS
UPI MDR proposal: Street vendors may pass on charges to customers or switch to cash, ISB survey findsPayments by street vendors exceeding Rs 2,000 may incur charges under the proposed merchant discount rate framework. Many vendors may switc...
Indian travellers in Dubai can get up to AED 100 off at Dubai Duty Free using UPIIndian travellers can now enjoy a 10% discount at Dubai Duty Free by using India's UPI for payments. This initiative, introduced by NPCI In...
Lost money to a UPI scam? The first 3 days could decide how much you can recoverIn the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to s...
Over half of street vendors may cut UPI acceptance if 0.4% MDR is introduced: ISB studyMore than 67% of street vendors in India currently accept UPI payments for transactions. A proposed 0.4% merchant discount rate could lead ...
PFRDA aims NPS expansion via banks, UPI integration; eyes corpus of around Rs 100 lakh crore by 2040The regulator is looking to accelerate growth beyond the organic expansion of the pension market by using the existing digital financial in...
India's payments authority NPCI forms unit to push into AI, blockchain techThe National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will foc...
India's payments authority NPCI forms unit to push into AI, blockchain techThe payments authority's chief technology officer Vishal Kanvaty, who has been associated with NPCI for nearly a decade, has been appointed...
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
Is there shortage of Rs 10, Rs 20 and Rs 50 currency notes this Diwali? RBI clarifiesThe Reserve Bank of India has reassured the public that there will be an ample supply of currency notes for the upcoming Diwali festival. T...
MobiKwik expects MDR on UPI to add Rs 100 crore to payment revenue in FY28On its second-quarter earnings call, the company’s management said the implementation of UPI MDR would improve payment unit economics and c...
Fintechs fortify cyber defences; Logistics cos in the speed laneHappy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morni...
Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
Delhi mother receives call saying her son has been kidnapped, kidnapper demands Rs 40,000 for release, police track his UPI ID and rescue the boy within three hoursDelhi Police rescued a 13-year-old boy within three hours after a man allegedly kidnapped him and demanded Rs 40,000 from his mother. Offic...
UPI payments expanded to online bookings at tourist attractions in UAE, SingaporeIndian travellers can now use UPI apps to book tickets online for major attractions in the UAE and Singapore, including Burj Khalifa's At t...
ET AI Business Transformation Masterclass & Awards: Inside the future of agentic paymentsSynopsis: AI tools are all set to perform tasks that go beyond answering questions or making recommendations. A live demonstration at the E...
Pine Labs shares jump 7% as Q2 net profit soars 543% YoY to Rs 39 crorePine Labs shares rose sharply on Thursday after the fintech company reported a 543% year-on-year jump in Q2 FY27 net profit to Rs 38.6 cror...
UPI-MDR an additional earnings opportunity, not Paytm's business model foundation: BrokeragesPaytm has reported a substantial increase in revenue, demonstrating the success of its existing business model. The company's EBITDA has im...
Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The...
Finnish family living in Mumbai shares 10 things that amaze them about India, from 10-minute grocery deliveries and UPI payments to metro and cinema experienceA Finnish family residing in Mumbai shares their delightful discoveries about the daily conveniences that have left a positive impression. ...
UPI Payment failed or stuck? When banks must refund your money and pay ₹100 per day in compensationHave you ever faced a situation where a UPI payment was debited from your account but not received by the recipient? Discover the steps to ...