ET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...

Happy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s...

Can merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card a...

Proposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...

ET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...

Fintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a...

Indian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digita...

Paytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Ope...

UPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...

Compared to July 2025, UPI transaction volumes rose 22% in July, while the transaction value increased 19% compared to a year ago. The July...

Maldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...

Indian travellers can now book Burj Khalifa tickets online using UPI. This integration makes the Dubai attraction the first in the UAE to a...

Pine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...

PhonePe's revenue grew while its net loss widened significantly in FY26. Paytm's revenue increased and it achieved profitability against a ...

A proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...

Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...

Experts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...