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UPI CHARGES IN 2025
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
India’s credit card market expands to 119 million, PSU banks gain in spendsIndia's credit card market has surpassed 119 million cards. HDFC Bank, SBI Cards, ICICI Bank, and Axis Bank dominate this sector. HDFC Bank...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Budget 2026: Govt earmarks Rs 2,000 crore subsidy for UPI payments, industry calls it insufficientLast year, the government paid Rs 2,196 crore by way of this subsidy, which is offered to banks for processing UPI and RuPay debit card pay...
OpenAI's ChatGPT Go now free in India: Users fume as UPI payments fail during free plan rolloutOpenAI is providing ChatGPT Go free for 12 months to users in India from November 4, 2025. This offer is for new and existing users signing...
FASTag penalty charges: Govt says pay 1.25x if traveling without valid FASTag through UPIStarting November 15, 2025, non-FASTag vehicles at National Highway toll plazas can pay 1.25 times the regular fee via UPI, offering a majo...
Non-FASTag users to pay 1.25 times fee if payments made via UPIThe Ministry of Road Transport & Highways has amended toll rules, effective November 15, 2025, to incentivize digital payments. Non-FASTag ...
Parliament watch: No proposal on transaction charges for UPI, Navya scheme launched for adolescent girls and moreThe government clarified there's no plan to impose transaction fees on UPI transfers. Outstanding unsecured retail loans from commercial ba...
Can UPI stay free forever? RBI Governor Sanjay Malhotra says someone has to bear the costReserve Bank of India Governor Sanjay Malhotra suggests Unified Payments Interface may not remain free. He highlights the costs associated ...
Will UPI remain free in 2025? ICICI begins charging, know where other banks stand, RBI rules, and what users should knowICICI Bank is planning to charge payment aggregators (PAs) for processing UPI transactions, a move confirmed by sources but unacknowledged ...
Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...
NPCI reports 42% jump in FY25 profit; revenue grows to Rs 3,270 croreNPCI generates revenue primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar-...
UPI with international number? SIM cards from these 12 countries can now be used for UPI by IDFC First Bank customers free of costIDFC First Bank has launched UPI services for its NRI customers, enabling them to make payments in India using their international mobile n...
Transaction cost on Rupay credit card to rise for these merchants as interchange fees for select categories go up starting May 1, states NPCIStarting May 1, 2025, NPCI is set to increase interchange fees for Rupay credit cards, affecting both domestic and international transactio...
Government weighs return of merchant charges on UPI, RuPayCurrently, there is no merchant discount rate (MDR) on UPI and RuPay debit card transactions processed through the National Payments Corpor...
Google Pay starts convenience fee for these payments: Here's how much you have to pay for transactions nowGoogle Pay has started charging a convenience fee for utility bill payments, including electricity and gas, using credit and debit cards. T...
HDFC Bank UPI services will not be available on this day: Check detailsHDFC Bank announces a three-hour downtime for UPI services on February 8, 2025, from 12:00 AM to 03:00 AM IST for system maintenance. Affec...
5 money changes in February 2025 you should know: Credit cards, savings account rules, UPI changes and moreSeveral financial changes are expected in February 2025, including revisions to IDFC FIRST Bank credit card terms, UPI ID regulations, and ...