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.
01 Oct, 2026, 08.06 PM IST
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...
01 Oct, 2026, 11.14 AM IST
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...
29 Sep, 2026, 02.28 PM IST
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 ...
27 Sep, 2026, 12.53 PM IST
Government may examine UPI MDR applicability on petrol pump payments: SourcesThe concerns of fuel retailers centre on the impact of MDR on an industry where margins are relatively low, those cited above said. The gov...
24 Sep, 2026, 07.58 PM IST
Proposed 0.4% UPI MDR could recover Rs 15,000 crore in first year: NPCI chiefGold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silve...
24 Sep, 2026, 07.29 PM IST
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.
23 Sep, 2026, 10.14 PM IST
SBI expects surplus from new UPI MDR as issuing, acquiring bankState Bank of India will start charging a merchant discount rate on UPI payments exceeding Rs 2,000 from October 15. The bank anticipates g...
23 Sep, 2026, 08.49 PM IST
'Retailers likely to pass UPI MDR to consumers'Retail associations are voicing concerns that the proposed UPI charge will inevitably be transferred to consumers, either as new fees on bi...
23 Sep, 2026, 07.28 PM IST
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...
23 Sep, 2026, 06.00 AM IST
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...
22 Sep, 2026, 01.24 PM IST
UPI charges could reverse digital payments gains, push users back to cash, says ex-NITI VC Rajiv KumarFormer NITI Aayog vice-chairman Rajiv Kumar has urged the government to keep UPI merchant payments free for a few more years, warning that ...
21 Sep, 2026, 03.18 PM IST
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
20 Sep, 2026, 12.05 PM IST
MDR charges on 5 key services: Railway tickets, mobile bills, fuel and moreSelect UPI merchant transactions will incur a Merchant Discount Rate. However, transactions under two thousand rupees will remain free for ...
18 Sep, 2026, 07.58 PM IST
UPI MDR could bring transaction value into payment apps’ market-share battle, industry executives sayThe new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...
17 Sep, 2026, 08.56 AM IST
UPI MDR a welcome move, will help support infra for growing digital payments: Mohandas PaiThe central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...
16 Sep, 2026, 05.23 PM IST
Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...
14 Sep, 2026, 11.28 PM IST