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UPI TRANSACTIONS
Bank customer spots huge unknown deposit in account, receives a call pressuring him to return it immediately, ends up approving even higher amount; warns SBIState Bank of India (SBI) has warned customers about the ‘Jumped Deposit Scam’, in which fraudsters use unexpected bank credits and urgent ...- IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk shareA report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...
- UPI MDR framework needs rationalisation to protect public trust: ReportUPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...
- UPI MDR framework needs rationalisation to protect public trust: IIT Bombay reportThe report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...
- India's quick commerce growth set to accelerate, food delivery to remain steady: ReportAccording to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms...
- India's quick commerce growth set to accelerate, food delivery to remain steady: ReportAccording to an Emkay report, India's quick commerce sector is projected to accelerate NOV growth to 21.6 percent in Q2FY27. Food delivery ...
- Apple Pay’s India launch shows how RBI’s outcome-based regulation lets technology evolveApple Pay was launched in India after significant regulatory developments by the Reserve Bank of India. This new payment option allows user...
- Keep UPI free, govt should withdraw proposed charges: GTRIThe Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on ...
- Paytm shares crash 10%, wipe off Rs 10,970 crore from m-cap. More pain ahead?Paytm shares crashed on Wednesday after reports suggested a possible delay in the rollout of UPI MDR. Analysts said the stock faces immedia...
- UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: ReportUPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. T...
- Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...
- MDR a small fee, will not have major impact on UPI volumes: RBI Guv MalhotraSanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidenc...
- 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 ...
- Beyond scale: India’s payments leaders to map the future for UPI, do you have your ‘two cents’ to share?India has recorded unparalleled growth in the UPI ecosystem, in terms of penetration and scale. The question now is, what is next? At this ...
- 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...
- AIMRA announces nationwide 'No UPI Day' on October 2 to protest against proposed MDR for UPI transactionsAIMRA is organizing a 'No UPI Day' on October 2 to protest against the proposed Merchant Discount Rate. The proposed charges are anticipate...
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