UPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...

Indian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...

UPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awar...

India’s AI healthcare push faces a critical choice: use technology mainly to streamline existing healthcare transactions or build a prevent...

Razorpay has launched an AI foundation model to enhance online payment success. This advanced system improves fraud detection and payment r...

Independence Day: Story of India's technological rise now focuses on indigenous manufacturing and ambitious future goals. Digital public in...

Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...

Parliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...

India has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...

India's payments law may soon allow merchant discount rates on specific UPI transactions. This change could create significant revenue for ...

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...

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...

“Increased usage of credit cards would potentially result in higher MDR revenues, although Paytm Payments Bank as the acquiring bank will l...

As with all things digital, the real threat is integrity of software and hardware systems and personnel conduct.