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UPI PRICING FRAMEWORK
NPCI defends MDR charges in SC, says merchants can't pass on them to customersThe top court on September 28 had sought responses from the Centre and others, including the NPCI, on a petition challenging the decision t...- 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...
- Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MDDuring a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier...
- Good intentions, unintended consequences: The cost of regulationRegulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business...
- Who guards India’s digital gatekeepers?India has built effective digital systems that facilitate money transfer and identity verification across its diverse population. However, ...
- Mochatrade raises $5.5 million to bring US stock trading closer to Indian tradersMochatrade has raised $5.5 million in funding to enhance its trading platform for Indian users. The platform allows users to trade US stock...
- Digital gold purchases surge 83% to Rs 2,590 crore in SeptemberAccording to the World Gold Council (WGC), September purchases rose 4% from August while volumes touched 1.7 tonnes, 18% above the long-ter...
- 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...
- Skyroot eyes funding boost; MDR deferment cheers D2C brandsHappy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Di...
- UPI MDR deferment gives D2C brands festive-season margin reliefThe new MDR framework on UPI was expected to impact D2C brands operating in low-margin categories such as consumer electronics, fashion and...
- UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
- UPI MDR rollout deferred beyond Diwali; date yet to be notifiedNPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...
- UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...
- "These are facts Elon": Zoho cofounder Sridhar Vembu takes on Musk's claim of Starlink facing license hurdlesSridhar Vembu responded to Elon Musk's claims regarding regulatory obstacles for Starlink in India. Vembu highlighted India's competitive e...
- India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...
- Sitharaman sees a ‘plateau’, but India-US trade deal may not be at a dead end yet: GTRIAs India and the US engage in talks for a bilateral trade deal, uncertainties loom over tariff treatments. Finance Minister Nirmala Sithara...
- Sauce's Manu Chandra on consumer exits; Physical AI's regulation pushSauce's Manu Chandra said he expects larger exits for investors of India's new-age consumer brands. This and more in today’s ETtech Morning...
- UPI MDR: 0.4% charge raises questions over MSME margins, cash flows and digital creditIndustry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...
- Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...
- NSE MD & CEO Ashish Chauhan says no government talks on new UPI MDR; expects brokers, clients to resolve issueNSE's Managing Director Ashish Chauhan mentioned there have been no government discussions about the new MDR on UPI payments. He indicated ...
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