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UPI TRANSACTION DATA
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 ...
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...
India GDP forecast stays at 7%, uncertainty range remains wide: Economist Arvind VirmaniEconomist Arvind Virmani has retained his India GDP growth forecast at 7% for the year, with an uncertainty range of plus or minus 1%, citi...
UPI volume rises 27% to touch 145 billion in first half of FY27This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...
Andhra Pradesh commercial tax collections rise 18 pc to Rs 30,436 cr in H1Andhra Pradesh’s commercial tax collections rose 18% year-on-year to Rs 30,435.98 crore during April-September 2026, with September recordi...
IT fresher hiring rebounds; Agrani's Rs 800 crore raiseHappy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more i...
UPI volumes slip; Moneyview makes strong market debutUPI transaction volumes in September moderated from the record high of August. This and more in today’s ETtech Top 5.
UPI transaction volume dips to 24.07 billion in SeptemberTransaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...
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...
Apple Pay launches in India with Axis Bank credit cardsApple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issuers, including HDFC Bank, ICICI Ban...
Apple Pay India launch may change payments in iPhones: Expected date, banks supported, UPI access and featuresApple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank support, Reuters reported. The service...
IIT Madras study finds highly educated professionals among financial cybercrime victimsA study by IIT Madras indicates that educated professionals are frequent victims of financial cybercrime. The research highlights that high...
School Assembly News Headlines, September 29: Top India, world, sports, business news and current affairsSchool Assembly News Headlines, September 29, 2026: Today’s key updates include the Supreme Court’s UPI MDR decision, bank strike deferment...
MDR on UPI payments above Rs 2,000: Supreme Court to hear challenge plea on MondayEnding nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transfers worth over Rs 2,000 made ...
Amazon Pay India revenue rebounds 18% in FY26, loss widens 33% as costs riseRevenue from operations grew 18.5% to Rs 2,484.4 crore during the fiscal under review, up from Rs 2,096.6 crore in FY25.
MDR gives banks more fuel for UPI playPayment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...
Razorpay-backed POP bets on credit to monetise UPI usersRazorpay-backed POP has launched POPchop, a BNPL product allowing eligible shoppers to split purchases into three interest-free payments ov...
NPCI says GST on UPI MDR will not burden small merchantsNPCI states GST on UPI Merchant Discount Rate is not a burden. Transactions under two thousand rupees have zero MDR and no GST. Over ninety...
Big to get bigger: India's UPI fee shift to entrench dominant incumbentsPhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...