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

Payment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...

Tax issues Levy of goods & services tax on MDR can be taken up by GST Council, ITC may be used by merchants.

India's Congress party criticised the Modi government's foreign policy as "appeasement" after the US House passed a bill authorising Presid...

Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

This comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...

Founder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The com...

Asset manager Fidelity has marked up Lenskart’s valuation to $6.1 billion as the eyewear retailer gears up an IPO. This and more in today’s...

Happy Tuesday! Flipkart is going slow on the expansion of its quick commerce service to control costs. This and more in today’s ETtech Morn...

While on one hand, NPCI is on mission mode to take India towards a less-cash society, on the other, it has to manage the multiple stakehold...