NPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...

Speaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors am...

A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...

UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...

The report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...

According to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms...

Paytm shares crashed on Wednesday after reports suggested a possible delay in the rollout of UPI MDR. Analysts said the stock faces immedia...

UPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. T...

Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...

Sanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidenc...

The industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...

Industry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...

India is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...

This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...

NPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.

Transaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...

A newspaper clipping claiming banks were told to increase ATM cash stocks ahead of UPI fees has circulated online, prompting a government f...