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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
- India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
- Nandan Nilekani, Pramod Varma eye AI-led global rails for commerce in next leapThe architects of India’s digital public infrastructure (DPI), Nandan Nilekani and Pramod Varma, are now attempting their next leap: buildi...
- UPI processes 218.6 billion transactions till February in FY26; value at Rs 285 lakh croreJanuary recorded the highest volume with 21.7 billion transactions, followed by December and October with 21.6 billion and 20.7 billion tra...
- Zetwerk's IPO filing; UPI FY26 scorecardB2B startup Zetwerk has filed a confidential prospectus with the markets regulator for a public listing. This and more in today's ETtech To...
- UPI, RuPay subsidy shrinks to Rs 8,000 crore over four yearsThe digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...
- Govt crackdown on underage scrolling; UPI incentives declineHappy Thursday! The government is debating social media restrictions for children in India. This and more in today’s ETtech Morning Dispatc...
- NPCI counts on Bharat, Northeast to accelerate UPI adoptionAs the National Payments Corporation of India (NPCI) grapples with a moderation in growth of the Unified Payments Interface, it is turning ...
- Consider bringing back revenue mechanism on UPI for sustenance of sector: Parliamentary committeeThe committee also recognised the need for cashback and multi-year subsidy schemes to promote adoption of digital payments in tier-three to...
- 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...
- Payments body writes to PMO, seeks return of MDR on UPI for large merchants and RuPay debit cardsIn a letter written to the PMO earlier today, the Payments Council of India said that more than 90% of merchants are small, and hence will ...
- Industry expects around Rs 600 crore loss as government nixes RuPay subsidyThe digital payments industry faces a Rs 500-600 crore loss as the government withdraws RuPay debit card subsidies. Fintech firms seek MDR ...
- To ease financial squeeze, fintechs mull seeking MDR restoration or higher subsidyThis comes in the background of the government allocating Rs 1,500 crore towards payment subsidy, while the industry was looking for Rs 5,5...
- ETtech Explainer: Government mulls bringing back MDR on UPI, RuPay for large merchants—what does it mean?Here’s a close look at the MDR’s journey over the years and what its reintroduction will mean for large merchants, banks and payment servic...
- 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...
- Banks, fintechs await UPI subsidy payouts amid cuts in total outlayBanks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite applications being filed,...
- Payments companies seek ‘assured’ share of sops to keep low-value UPI freePayment aggregators are pushing for a share of government subsidies allocated for UPI transactions to cover low-value transaction costs. Th...
- Payment for payments is not a bad ideaThere is no doubting the success of UPI in changing the payments landscape, not only in terms of the number of transactions but also in ter...
- Govt explores ways to get people on a cashless tripThe government is also considering digitising payments for fertiliser subsidies.
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